Thu, Apr 17, 2014, 9:48 AM EDT - U.S. Markets close in 6 hrs 12 mins

Recent

% | $
Quotes you view appear here for quick access.

BPO MANAGEMENT SVCS Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • KEM60 KEM60 Nov 22, 1999 5:54 PM Flag

    ENOUGH, ENOUGH PLEASE

    I think it's quite likely that today's trading
    had little or nothing to do with company
    fundamentals, etc. and everything to do with unwinding the
    large call positions from Friday at the 17.5 - 25
    strikes.

    I no longer have the open interest sheet
    where I can find it but I believe that quite a few of
    the calls at 25 and under were probably exercised,
    possibly as a "look see" to see if there would be news
    today and when there was not, the shares were put up
    for sale.

    There has been significant block
    trading in the past four sessions, including a 25k block
    today. The market makers have taken in a lot of stock
    fairly close to the recent high. In the recent past,
    such as on the move down to 13, they have been
    unwilling to bid and sellers have been forced to take
    unreasonably low prices for their shares.

    This
    activity is likely to continue though, as long as there
    are people speculating on news and that news is not
    forthcoming.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
HAXS
0.01040.0000(0.00%)Apr 10 12:10 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.