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Rawnoc

01/13/10 12:12 PM

#19681 RE: Ranb2khz #19680

Pretty much correct. As an ex-shorter of OTCBB and penny stocks, I often just looked for anything up big and would short a basket of them while doing little DD.

Occasionally I would get my ass handed to me on one just as anybody who shorted JBII did and will continue to.

the big guy

01/13/10 9:36 PM

#19770 RE: Ranb2khz #19680

actually it is interesting that you should mention volatility, because i know someone who used to be an options trader, and he described to me a strategy based on the volatility of an option. I forget whether i was the option or the underlying security, but the whole strategy was based on the volatility ("vol") and not based on the (option or stock) price. In fact, price or price movement had nothing to do with it. I think it was the volatility fo the option (not the stock) and had to do with trading between the option and the stock itself. THere was a numerical measure fo this "vol". I do not think this would apply to this stock, as it is likely not option-eligible. I didn't understand the trading strategy described... I don't think it applies here becaue JBII is likelty not option-eligible.