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China Medical Technologies Inc. Message Board

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  • punbr punbr May 14, 2006 12:26 AM Flag

    CMED ready to RUN from monday $$$$$$$$$

    Saleem--A belated Happy Birthday to you! I just returned from an out of state graduation and thankfully missed Friday's action. I'm not a technician, but often sell calls on a stock after it has a sharp move higher, as profit taking most of the time ensues soon after the move. If I really love the company and think the stock can still run, I usually sell covered calls only on half the stock. The worst that can then happen is the stock takes off and half my shares get called away, but I'm still participating in the remaining shares I own.

    You and some of the others here would probably find this article from Business Week Online interesting, about how hedge funds operate in gray areas and can unduly impact certain stocks.
    http://www.businessweek.com/magazine/content/03_29/b3842001_mz001.htm

 
CMEDQ
2.560.00(0.00%)Nov 8 3:47 PMEST

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