Dean of all stock analysts, Wei Li, says Dendreon is going nowhere. Action loving Mei So Wong, desiring to keep his capital working, sells out. His buddy, Ho Ding Mi Dong, chooses to capitalize on the stagnation by selling nearby, at the money, covered calls. Each has vindicated the forces that are capping the ask, since each are making shares available for an orderly closeout of the short position. When news is released, Wong will be wrong and will be left holding no more than Dong.
Mar 3, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment