SQNM: suspicious call buying today

Discussion in 'Options' started by wilburbear, Nov 24, 2009.

  1. m22au


    Thanks for the heads up wilburbear.

    What's the significance of the Motley Fool article that you cited?
  2. some guy says the company is worth billions - not its current 200 million - this was yesterday, and it had no action on this. Now it pops 25%. goldman, or whoever, can say they merely bought on this analyst's opinion - but NOTHING HAPPENED right after this news was released. the news is a manufactured device to load up on long term calls
  3. m22au



    Should be interesting to see if any news is released in the next 27 hours.
  4. here we go again. stock just rallied 10% in about 10 minutes from 3.85 level. clearly percolating. an announcement this weekend, will yield a fine list of felons........
  5. risky63


    6 month chart looks like funny business...no thanks
    opening gap today is bearish also. look at it on a 5 day-intraday chart.
  6. how much did you short on the open?
  7. m22au


    interesting trading activity today as well.

    Maybe an announcement before Monday's open?
  8. SQNM up over 10% today.

    When it runs, forget about taking your time to buy calls. A call with a THVL of, say, 35 cents goes from a market of .10 - .60, to .10 - 5.00!

    Saw it twice this morning.
    #10     Dec 2, 2009