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Yongye International, Inc. Message Board

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  • ahande ahande Jun 11, 2011 10:03 AM Flag

    Price Action Disapointing

    You do realize that some people are long having bought in the 7s and 8s and then bought short term options (September) when it dropped under $4? I am in that situation. I would have liked to be over $6 to unload these options for a 300% gain which would have made me be in the black. I too was disappointed for I thought there would be a short squeeze. I was too slow in not being able to unload these options when the Morgan Stanley investment was announced last week. I think the shorts are still firmly in control.

    So, yes I do care about the timing because of the options. The stock I am going to hold for a while.

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