Discussion in 'Stocks' started by AAAintheBeltway, Apr 20, 2006.

  1. lost 30% in a few minutes.
  2. Rambus-RMBS appears drop is a False Alarm, no verdict yet in Hynix case-Rumor
    Shares dropped dramatically from $44.50 to as low as $29.70 and have since recovered to $40.00 on unconfirmed chatter of negative ruling in the Hynix patent litigation case. The Jury has been in deliberations and there are expectations that a verdict could occur this week. :theflyonthewall.com

    14:52 EDT RMBS theflyonthewall.com: Rambus-RMBS April option prices exploding and collapsing as Stock sells off
    RMBS down 8.73 to $38.11. RMBS and Hynix trial concluded last week, the jury is expected to reach an outcome soon. RMBS May option implied volatility of 121 is above its 26-week average of 79. RMBS April at the money straddle is priced at $6.90 cents, above its theoretical value of $2.08. Aggressive price action in RMBS options indicates high risk. :theflyonthewall
  3. Chagi


    This is why I haven't touched RMBS during its run upwards, I felt that the risk was far too high.
  4. Bob111


  5. RMBS is a $5 stock. Why did not you say WTF when it went up $10 in 5 days for no reason? . Downturn just started. 2 cents profit company is not worth $40.
  6. kowboy


    Let's see. Start a negative rumor, jump on the stock when low, sell when the rumor is denied on the pop.

    Just wondering if the rumor could have been intentional or orchestated.