RE:How about a different perspectiveApparently this stock has moved on LOIs closing in the past, so my bet is that we see it pop a bit.
If it opens at $1.50 I'm adding a sizeable chunk. If it hits $1.40 I'll add even more. If you'd like to sell me all of your shares at today's close I've got cold hard cash waiting for you; lets make a deal.
This news is about as good as it gets. "We wanted to focus on closing the biggest LOI first." Are you f*in kidding me?! LOVE this guy. *crack* (the sound of PHM mgmt knockin' it outta the park). Well f*in done boys. You deserve those options.
Congrats to all the strong longs; you know who you are. Special thanks to the voices of reason on this board; drinks on me when I visit Calgary. If you're in Vancouver PM me and I'll see what I can do for ya.
coolcoal wrote: Buy on rumour, sell on news? I was wandering if this news was priced in already, with some hype. The positive surprise in EBITDA may be enough to gap it up tomorrow. Funny thing with gaps though, they like to fill. Frankly Im hoping for a flat open with a resume in trend to the upside above the 52 week high with new LOI's announced in the coming months to start the rumour mill again.
I'll try to make a call here. PHM gaps up tomorrow morning and quickly fills it then resumes up trend.
All bets are off though if the market enters a correction period, which is my primary concern right now. Im itching to buy the S&P triple inverse bear.
Debby downer (cc)