Replies to post #300631 on Zeev's Turnips Patch-No Politics (ZEEV)

[Zeev Hed]

IMTO, it is most likely, the big houses are selling these for the premiums and small investors buying the puts to hedge their existing positions and protect profits.

[wecus]

While catching up with the last couple of days I stumbled across your post, so here's just my 2c...

I agree with you on JCOM, its going on its own these days, but BSTE is starting to correlate to the market in general again IMO, because it's already quite 'healed' as Zeev would say.

I'm out of both right now since both my targets were reached but my buy-back-bid for BSTE is much deeper than that for JCOM.

BTW, I'm also long in OVTI and COCO for the same sort of reasoning.