Wednesday, March 30, 2016 3:35:56 PM
It is 3:30pm and the volume and price on the stock does not seem to indicate any filing this week.
Some traders believe that knowledge of an event like a filing would 'leak out' or other people would start to realize that it was about to happen, causing volume to rise and the shares to decline in advance of an official PR release.
I do not think it is going to happen this week but I am going to buy some April 1, 2016 put options anyways, just in case it does happen.
Louis J. Desy Jr.
Disclosure: I own BTU put options.
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