Wednesday, August 23, 2006

IBM (IBM) buys Internet Security Systems (ISSX)


There's a service out there that captures unusual option activity for a given day and produces a top ten list of sorts. I seem to recall ISSX popping up a week or so ago due to active call buying. Didn't give it much thought at the time because I'm not involved. But when the news broke this morning I got curious about that amazing coincidence.

By the way, message boards are the last place on earth you want to look for research and analysis... but interesting to peruse a few this morning that provided some uncanny details just last week.

They say a picture's worth a thousand words, so I'll just direct your attention to that huge reversal on the right hand side of that one year chart.

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