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Re: Joe Stocks post# 33

Sunday, 06/19/2005 7:21:35 PM

Sunday, June 19, 2005 7:21:35 PM

Post# of 590
JOE STOCKS...

I thank you for your commentary....very interesting fundamental reasoning..

With such a large short position reported in the shares , and with anticipated positive news forthcoming we may well have a sharp positive reversal from the last days of the prior week...I just hope that any selling does not succeed in taking us back to the gap in share price that occurred on the announcement of restructuring about a week or so ago....That would be a long way to fall indeed....

But for me, I see the rest of this year as a great opportunity for one to be the WRITER of PUTS , $3 strike , almost any forward month...as well as simply being long the stock...
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