Replies to post #1640 on Friends of Essex

[tedmoe48]

cancelled my bid, the whole market looks sick

Notice that when you make a bid on PARL options it is meet with additional entries. My guess is the Wedbush crowd has it locked up tighter than a frog's ass. No one is getting in or out with out paying the trolls.

[dontbothermec]

I looked at the May PARL calls on Scottrade, did you notice that they have NEVER been traded. I think you could be right, someone is offering to sell, but they're the only ones that will make $ on the trade. It will be something like KEYW the last 6 months, those with a large block of stock will sell calls, pocket the cash, then sell enough stock at option expiration to drive down the price and make them worthless. IMO buying options on stocks worth less than $10 is a sucker's bet.

Looks like DNDN needs a rest, I want a spike up before I short again. ONNN is going up again, if I want to short something today, that is where I'll go, if it would bang its head at $9.94, I'm in.