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Re: mknhouston post# 15094

Monday, 08/18/2014 1:41:40 PM

Monday, August 18, 2014 1:41:40 PM

Post# of 56821
The only way to see it happen is to look at some calls out past the current pps and watch what happens if the pps starts to go up. The reason the cost for the 6.50's are so cheap is that they are pretty far from the current pps. But that's why some people take that chance. I think it is dumb now, as there is at present, no catalyst to drive the pps. That will change if there is a new contract, but if not, then we will see a slow decline in the pps until close to next quarters earnings.
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