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Stock, you might just wanta read your own post again and realize you are doing just as you intimate others are. The only difference is I don't take it personal or serious. Hell man, its a dang screen with written word on it. Doesn't mean any of us is any more intelligent than the other, but since I'm near you in age I happen to respect experience, but above all the final product of my experience. I'm quite sorry yours is negative. Mine has been very positive and successful. Those of our ancestors right on up to us who have fought and died for freedom of expression didn't do it for someone to dictate how we should think act or express it. Thats whats great about being an American. If you disagree with me fine, express it. Just don't expect me to agree with you or take your diwsagreement personally. Frankly, I enjoy the daily chuckles reading all this provides me. And I also enjoy the sparring. God Bless America. Lighten up folks, in the big scheme we are but grains of sand. All this Kool Aid talk has brought back many memories of my earlier days. I just might have a glass of grape with a baloney sammich today
activity in the call option, was in response to a reuters report that bbt was rumored to be acquired by wells fargo. as they say, buy the rumor, sell the news. the quiescent period since the report, is generally indicative that the bbt board is now in a decision making process, yea or nay, probably trying to squeeze more juice out of wfc.
Previous to May 25 there had been no open interest in the July 40 calls on BB&T; then call volume spiked 28x across four U.S. options exchanges. This indicates that significant-sized speculators were expecting BB&T stock to surge more than 15% by the July expiration.
Watch the put/call ratio [ http://finance.yahoo.com/q/op?s=BBT&m=2004-07-16 ] and respective BB&T appearance on Unusually High Volume [ http://biz.yahoo.com/opt/stat2.html ] and High Open Interest [ http://biz.yahoo.com/opt/stat3.html ]. Seasoned investors utilize the put/call ratio as a contrary sentiment indicator, thus high put/call ratios represent a bullish signal and vice versa.
Yahoo! Finance has some excellent explanations:
Basic Options Concepts: How Options Work
Basic Options Concepts: Call Options
Basic Options Concepts: Put Options
I may not often agree with anything stillginyit says, but this time he has hit his nail on the head!!
He says: "Doesn't mean any of us is any more intelligent than the other, but since I am (old also) I happen to respect experience ... Those of our ancestors right on up to us who have fought and died for freedom of expression didn't do it for someone to dictate how we should think act or express it. Thats whats great about being an American."
He is so right about any of us not being more intelligent than the other, and about us old guys having the experiece, and about freedom of expression in America!
I am older than any of youse, I have the experience of reading the Weekly World News for decades. It is one of the world's finest, just as good as Fox News, only American owned! And the WWN says the TOP 7 EXECUTIVES OF BB&T BANK ARE ALL ALIEN SPACE INVADERS!!! The Department of Homeland Security is about to arrest them!!! The conclusion is obvious: BB&T will have to get another bank to take over!
Don't you people disrespect my experience, my intelligence, or my source! Heroes died in the trenches of Cherbourg, and the streets of Baghdad -- so you and I could have the freedom to experience the Weekly World News! Gawd, this is so Patriotic I'm gonna cry of happiness. Did you know crying and American beer cleans the body of alien spors which are trying to replicate you?
Stillginyit I am sure will back me on this: only we can protect America and BB&T from Alien Space Invaders!
I considered whether or not to reply for fear that I would have "found the enemy, and he is me" to badly misquote Pogo, but I re-read my post to see how it matched up to your response. Shoot, I'm getting creaky as it is, maybe it came out different than I meant it to.
After careful consideration (well, as objective as I'm ever going to be on my own posts, at least), I decided that you missed my point. The Earth did not stand still. No "biggie" as my great nephew would say.