Friday, May 29, 2015 1:25:52 PM
The option sellers have 2 choices, buy stock to cover the calls
or lose stock. Either way they are now on the wrong side. News
I think comes before the shareholders meeting. The scarcity of
shares makes covering or even buying a expensive venue to take.
Give us the right news and the floods in Texas will be nothing
compared to the tears that will be shed by the shorts and call
writers. This is a investors stock and right now trying to time
a trade is some kind of risky. I dearly more would love to see the
news be the kind that halts the stock for a couple of days due to
the huge imbalance of buyers.
I still say we close at a new 52 week high.
JMO
Mickey
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