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Strategies & Market Trends : Wayne's HIGHLY SPECULATIVE STOCKS -- Ignore unavailable to you. Want to Upgrade?

To: Fact4 who wrote (147)	4/18/1999 7:34:00 PM
From: ynot	Respond to of 486

Rather than give you a general statement, let me give you two specific examples. Oracle--stock split recently and downtrending, I think it will reverse dramatically in two months MAYBE so I am thinking about June 36 calls Thinking is the critical word :))) Let's say I have $1,000 to burn and I do an analysis/guesswork that the stock will be $40 by third week in June There is the potential cost of the option, commission cost, potential price and potential loss of 100% IMIC--stock dived over the past year, I bought in $5, ran to $8 got greedy and it dropped to $ 1.75 (roughly) is this a penny? NOPE they have a cap of about $60M with between $60/$80M cash! I noticed yesterday when I was poking around for Oracle Option info that I neglected to check on IMIC. So now I need to figure if I can profit by stock going imho from 2 to 4 to 8 in the next 60-90 days. Didn't want to burden you with details, but that's it. Also, in KYOM and looking at USAB entry point. Full disclosure...one thing I do hold close though is my dd patterns and my loading preferrences, quantity/price. Thanks for the reference and for the question. ynot :)