News Focus
News Focus
icon url

Jay Walka

10/14/06 11:21 PM

#28479 RE: Phisherman #28477

5 dollars is fine with me....i dont think thats unreasonably greedy. If its more short than we think....8-10 would be great....if less than we think 1-3 is perfect too. I guess wut im tryin to say is.....if i make money, ill be happy.
icon url

chroff

10/14/06 11:29 PM

#28483 RE: Phisherman #28477

I think the mm's will take the pps to any level that's balanced with the penalty of not covering. If the penalty is a fine, they have that amount of play - any pps that will cost less than the fine, is a good bargain - if it is jail time, then it's worth whatever $$ amount they place on their freedom and so on. If there isn't any penalty in place, then we may be spinning our wheels as it may be a better bargain for them not to cover at even a slightly higher pps. I'm not real sure what happens to them if they don't cover - I think we need that information available on this board somewhere, that could make all of the difference next to more buying pressure.