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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?


To: majormember who wrote (8165)4/17/1999 10:17:00 PM
From: Mkilloran  Read Replies (2) | Respond to of 59879
 
skane...vvus traded afterhours on Friday at $6



To: majormember who wrote (8165)4/18/1999 1:43:00 AM
From: Dale Baker  Read Replies (1) | Respond to of 59879
 
I get my L2 free from E*Trade but if they dropped that tomorrow I would pay whatever it takes. You will see a whole new world when you have it.

For example, on Thursday I watched YHOO tick down to the low 170's. I had April 175 puts which I assumed would expire worthless. Suddenly they were worth something. Then YHOO hit about 172 and the weight shifted to the bid side. I put in my sell order and got $4 apiece for my contracts. YHOO closed that day at 190 or so.

VVUS was a clear picture too. Lost of folks lined up to sell on the great "news" - probably overhead as Mark would call it. Reminds me of RACE, which I have shorted successfully three times this year.