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Meritage Homes Corporation Message Board

  • johngunn51 johngunn51 Jan 26, 2012 12:53 AM Flag

    Options say stock going higher soon

    150 contracts of March 30 strike calls were bought today at the ask- and above the ask. Could be upside surprise on earnings or buyout. Somebody laid out 100K cash to do it. This is very significant insider buying, I don't know anyone who makes this kind of move with this kind of cash on a thinly traded stock unless they anticipate something If you're short, my advice is get out immediately.

37.31-0.08(-0.21%)Nov 30 4:02 PMEST