as always do your own homework, i am not recommending you buy this stock. i am only bringing this stock to your attention:
symbol:
PARL
today the stock is down 15% on huge volume. reason being the company today registered all of it's outstanding warrants. on march 7,2006 there were currently about 1.7 million warrants outstanding. there are only about 6.7 million shares available in the float. people today have the availability to exercise their options, more then likely for a huge gain, and supply is far outpacing demand for the stock, creating the huge buying opportunity today, imo
their financials remain strong, and are set to complete their fiscal year this coming march 31, 2006. you can look at their financials and decide on them for yourself
one caveat about the stock is there is a HUGE short position, approximately somewhere between 64% and 72% of the float depending on which financial site you check with
one plus about it is institutions own somewhere between 110% to 120% of the stock float, depending on which financial site you check with
imo, the stock is a raging buy at or under $29.50. i wouldn't be surprised to see a minimum of a 4% to 5% up turn tomorrow with a total aggregate gain of maybe 8% within 5 trading days
this is in no a way a sure shot, but i do feel very strongly about the possibilities of this short term trade
disclosure, i have been long this stock since approximately feb. 12, 2006
symbol:
PARL
today the stock is down 15% on huge volume. reason being the company today registered all of it's outstanding warrants. on march 7,2006 there were currently about 1.7 million warrants outstanding. there are only about 6.7 million shares available in the float. people today have the availability to exercise their options, more then likely for a huge gain, and supply is far outpacing demand for the stock, creating the huge buying opportunity today, imo
their financials remain strong, and are set to complete their fiscal year this coming march 31, 2006. you can look at their financials and decide on them for yourself
one caveat about the stock is there is a HUGE short position, approximately somewhere between 64% and 72% of the float depending on which financial site you check with
one plus about it is institutions own somewhere between 110% to 120% of the stock float, depending on which financial site you check with
imo, the stock is a raging buy at or under $29.50. i wouldn't be surprised to see a minimum of a 4% to 5% up turn tomorrow with a total aggregate gain of maybe 8% within 5 trading days
this is in no a way a sure shot, but i do feel very strongly about the possibilities of this short term trade
disclosure, i have been long this stock since approximately feb. 12, 2006