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Hi Jim
So what's this about a market shorter trying to jawbone NSOL down? I
like to buy puts on stocks that are splitting on the day before they
split. NSOL split Tuesday after the bell but I saw what happened on
Monday. It rose to $307 (I think that was it), stabilized for awhile and
slowly worked its way down to $295. Then late in the afternoon it
dropped like a rock. Don't remember what the low was but I think it was
in the $240 range. So I passed on buying the puts that day because of
the extreme move which I missed. Oh Well. But I am curious about why the
stock dropped so fiercely Monday if you're willing to share your insight
and observations.
John Manasco
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