Must have been a typo. That's got to hurt.
Looking at the May $2 calls, some serious money is banking on good news. Is it the cabo p3 kidney results?
What surprises me is that there is no serious open interest for the May puts. Rarely do you see a one sided bet. Anyone else find this unusual?
Anyone if there is a fee related to share assignment? I sold the calls on my GDX and my shares were assigned. Obviously I paid commission when I sold the calls. But was curious if there are any fees on the assignment end of the transaction.
This seems very significant to me. Here is a little info on sec 13G filings:
DEFINITION of 'Schedule 13G'
An SEC form similar to the Schedule 13D used to report a party's ownership of stock that is over 5% of the company. Schedule 13G is shorter and requires less information from the filing party. Ownership of over 5% in a publicly-traded stock is considered to be significant ownership, and therefore must be reported to the public.
INVESTOPEDIA EXPLAINS 'Schedule 13G'
To be able to file a 13G instead of a 13D, the party must own between 5% and 20% in the company. It must also be clearly understood that the party acquiring the stake in the company is only a passive investor, and does not intend to exert control. If these criteria are not met, and if the size in the stake exceeds 20%, a 13D must be filed.
Sentiment: Strong Buy
Volume was huge today. Look at a one day chart for today and there were monster blocks, like 650,000 share buy. Where there is smoke, there is fire.
Sentiment: Strong Buy
Thanks for all the great responses. Unusual for Yahoo message boards. When CANROYS got clobbered years ago, I left for good. I fear oil is going lower and things are going to get worse for the producers. But PWE and others should be great buys at some point, just don't know when. Good luck to all and thanks again.
I don't follow this stock much anymore but am curious about why the stock price is lower now than in 2009. During the financial crises, oil fell to $35 per barrel and PWE fell to $7.50. Oil is at $47 today and PWE is at $1.60. I don't get why today is worse than 2009. Can someone explain?
Today she recommended selling the out of the money calls to capture the high premium. Which is actually a very good idea.
Well well well. You seem seem to be singing a different tune just one month later bigbear. So where do "we" people come from?