News Focus
News Focus
Post# of 257262
Next 10
Followers 64
Posts 11870
Boards Moderated 0
Alias Born 07/16/2006

Re: jq1234 post# 101323

Wednesday, 08/11/2010 6:22:44 AM

Wednesday, August 11, 2010 6:22:44 AM

Post# of 257262
Jq1234,

On Aug 2nd during the conference, Mnta's stock price was performing very nice.

The next morning, put options took off and actually MNTA was one of the most active CBOE put actions that morning (post 100527)and the stock started to falter.

I know because I ended up selling most of my holdings in the low $22 range. I ended up rebuying everything $4 cheaper later that week.

Something wasn't right.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today