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madrose1

01/31/06 11:15 AM

#453639 RE: extelecom #453635

cause they are still speculating on it , they have nothing better to do than play momo's today ....


look at the new Cramer picks PAAS and ACAD from last night ....traders just passing time till the fed .
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madrose1

01/31/06 11:17 AM

#453640 RE: extelecom #453635

Napster-NAPS Calls active at higher implied volatility on GOOG deal reports

NAPS is up 1.38 to $4.50. The New York Post and Digital Music News have reported that GOOG and NAPS are in discussions for a partnership or a possible sale. STFL say's "we're surprised GOOG wouldn't just develop its own service. We believe that NAPS shares would pull back substantially from pre-market levels of $4.50 should the deal just be a strategic partnership."

NAPS February and March option implied volatility has spiked to 118 from yesterday's 89 level. NAPS intra-day call option volume of 8,305 contracts compares to intra-day put volume of 1,932 contracts. Increasing option implied volatility suggests larger price fluctuations