PDP = 62 cents, OPC = 52 centsWell well, looks like I was right. When I told people to sell the OPC I got spat upon by one moron on this board. Now that moron is the world's biggest basher on OPC after what I assume he sold for a giant loss. I said PDP would be much greater than OPC in price and while it hasn't moved from my 61 cent original buy (down from a high of 82) at least it's not down nearly 50%.
OPC will have it's day. It's day is just not right now. You can no longer get OPC for PDP 1 for 1, but I strongly suggest you trade for them anyways. It's quiet on the PDP front but at least it's not going bankrupt tomorrow. I hear from some of my spic friends down south, and I mean way south in South America, that there will be some action on the company soon.
Or you could trade your OPC shares better than 1 for 1 (for now) with CMT. Their cost cutting measures are going to bring them 10-15 cents per share worth of net income next year, and nat gas is going to skyrocket with this winter.