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Becton, Dickinson and Company Message Board

  • sdroid sdroid Feb 24, 1998 11:00 AM Flag

    Somebody just bought 300 March 65 puts..

    Somebody purchased 300 March65 puts @ $2 this morning (2/24). That's $60,000. A lot of change to drop without knowing something. What's up with that? Anybody know anything about some info coming out that might make BDX go down?

    Looking for some direction on the short term.

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    • All technical charts indicate that this stock will GO DOWN. In addition, the mention of currency valuation losses on the quarterly statement should add to the downward bias. Today's rise was some premature short covering, and I expect this drop to pick back up tomorrow.

 
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