• neobliviscar
    I look away for 1 month, and MCPIQ goes into the dirt. Anyone watching it? I was looking at their preferred shares before.
    5/18/12
    Reply (6)
    • losbronces: Yes, I've been watching. When April options closed it was 29.99.
      5/18/12
    • neobliviscar: 29.99 to 19.99. Hard to pass up an options play on it. Naked puts or sell the 20p and buy the 22.5c for > $1 credit ?
      5/18/12
    • gerrodh: Is there any reason why? It doesnt look like THAT much has changed...
      5/18/12
    • neobliviscar: All metals, mining, and ferts have been absolutely killed. Other than that, not sure yet.
      5/18/12
    • Robbster: Sector hurting, but MCPIQ fundamentals are strong. They are taking on debt to buy Neo, so could be lack of confidence in synergy of acq.
      5/18/12
    • Robbster: I still think MCPIQ is being manipulated by short interests...
      5/18/12