re: people want pymo I completely agree with your view on the options having a high premium for a reason. In general the rising price of options is a very strong signal that the share price is going to also rise (atleast on speculation).
The reason this indicator works is common sense. If an investor is planning to purchase into both stock and options of a thinnly traded stock they will purchase the options first so as to get the benefit of their rise when they purchase the actual stock and push up the options.
With the AGM this Thursday I can understand that there will be speculation that positive news will be around the corner.
*I am not giving financial advice and I hold both PYM and PYMO*
re: people want pymo I completely agree with your view on the...
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