one last point where did you see they went up 9%????
On Friday they were down 4 % Announcement was after close and it will happen on the 27. They did go up 6% in after hours trading. The real measure is what are they at 2 or 3 weeks from now and I doubt it will last.
I do thank you for bringing this to my attention. I have deep in the money DEC MP Puts. Because they are deep the spread between bid and ask is 30 cents even though open interest is high. The Q release and conference call is fist week in AUGUST. This may be a turning point for MP. They have been very open about how construction is going told us about slip for oxide production in Q1 2022 and how they added a second shift and thought they were back on schedule in Q2. If they are back on schedule to start pilot run in Jan then stock may soar if they are 2 to 6 months late stock keeps falling. I think Monday AM I set up straddle by buying AUG 19 $30 calls for $1.60. If stock stays flat I lose 1.60 cheep insurance. If it goes down I do fine, If it goes up I make a little. It is that or sell the puts at market open. Wait 2 to 3 weeks for things to settle down and then decide what to do.
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Last
$6.26 |
Change
-0.030(0.48%) |
Mkt cap ! $5.851B |
Open | High | Low | Value | Volume |
$6.29 | $6.30 | $6.24 | $12.71M | 2.028M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 13629 | $6.25 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.27 | 9053 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 4971 | 6.250 |
5 | 19498 | 6.240 |
5 | 13956 | 6.230 |
3 | 32221 | 6.220 |
2 | 25665 | 6.210 |
Price($) | Vol. | No. |
---|---|---|
6.280 | 7656 | 5 |
6.290 | 17975 | 3 |
6.300 | 30088 | 5 |
6.310 | 11246 | 2 |
6.320 | 1200 | 1 |
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