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Post# of 80490
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Bxofscidad

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Bxofscidad

Re: None

Wednesday, 11/16/2011 12:08:26 PM

Wednesday, November 16, 2011 12:08:26 PM

Post# of 80490
Today's Action


I believe that the "Option Writers" , are taking advantage of a very light trading volume day, to keep the price below 11 so that they can retain a good portion (if not all) of the money they reaped by writing 92,213 (options on 9,213,000 shares) November 10 options. If I am right, we will not see 11 again this week because the November options do not expire until 4pm on Friday.

JMHO
Barry
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