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VERY Short Term Trade Opportunity

Devastation

Plat Hero
Platinum
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
 
where did you learn to talk like that
 
Devastation said:
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


I used to be a stock broker. That post made my pee pee dance. I could go for a short straddle on Dakotah right now. :p
 
yes, but the macd and stochastic are dropping fast and the stock has dropped below it's 30 day and 200 day ma
 
jdynasty said:
yes, but the macd and stochastic are dropping fast and the stock has dropped below it's 30 day and 200 day ma
charts and technicals are tough to use in this situation imo with this large of a short position and institutions owning all of the float +

the 200 dma did worry me a bit, but i think it closes around $30 today. we'll know for sure in about 2 hrs

and what do you mean where did i learn to talk like that? :confused:
 
nycgirl said:
Should someone make a purchase today? What is the price? What did it open at?
imo, the opportunity is today. right now it is trading at $29.25 or so. it opened at $33.10


check yahoo finance for PARL to quickly find all of its financial info, and news/sec filings
 
Devastation said:
charts and technicals are tough to use in this situation imo with this large of a short position and institutions owning all of the float +

the 200 dma did worry me a bit, but i think it closes around $30 today. we'll know for sure in about 2 hrs

and what do you mean where did i learn to talk like that? :confused:
closed at $30.09. very good sign IMO for tomorrow. congrats to anyone who bought at or below the $29.50. you had plenty of opportunities to do so today
 
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