Does anyone agree with me that those May 08 company options are looking rather cheap right now?
Still in the .80s, and are The Speculator's buy of the week in current issue of The Bulletin magazine.
The Speculator's portfolio 2007 to date has increased 100% (!), so being flat or slightly down during the week of publication is not common for a stock. The norm would be for a catch-up rise in the subsequent week, which is about now.
Zinc is looking strong, which is positive for PDZO.
From http://www.570news.com/news/business/article.jsp?content=b070465A
"China's demand for slab zinc is expected to grow 9.5 per cent this year and about nine per cent next year, said Patricia Mohr, a vice-president of economics with Scotiabank. In 2006, it was up 11 per cent.
""These are very strong growth numbers in terms of demand," said Mohr, noting the growth is fuelled by the demand for galvanized steel."
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