PBL 0.00% 5.0¢ parabellum resources limited

reversal, page-8

  1. 654 Posts.
    re: pbl reversal for kman Kman - what is your view now on PBL.
    It seems unable to hold much above $10
    Like you I feel it will break decisively but which way?

    I am contemplating an ETO synthetic short:
    Sell PBL Dec03 $10.25 calls at about $0.485
    Buy PBL Dec03 $9.75 puts at about $0.440

    The "sleeper" here is always KP's health.
 
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