Friday, March 23, 2007
Fly Buy: PNRA
I bought 1,000 PNRA @ $61.16.
Disclaimer: If you buy PNRA because of this post, then your farm will be destroyed by a stampede of wild buffalo. And, you may lose money.
Disclaimer: If you buy PNRA because of this post, then your farm will be destroyed by a stampede of wild buffalo. And, you may lose money.
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Rumor that EK will bid $19.50 for OVTI. OVTI has 40% of its float short and trades for 2x cash. Pretty sure it's just a bullshit rumor but it's fun watching the morons who short a stock trading for 2x cash get squeezed. Fun times.
OVTI always disappoints.
PNRA is a superstitious buy.
They just opened one in my neck of the woods. Every time that happens, the respective stock goes through the roof.
PNRA is a superstitious buy.
They just opened one in my neck of the woods. Every time that happens, the respective stock goes through the roof.
I hate OVTI. But so does everyone else, so that's why I own it. I'm a twisted fuck like that. When unethical longs plant bullshit takever rumors and 40% of the float is short, the share price spikes 10% and option vols spike also. That creates an ideal opportunity to sell April $15 calls into and generate some premium.
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