I have no idea how this stock will open on Monday morning, but if Comex Silver is up $0.75 or less, DaBoyz may try to steal some out-of-the-money calls. One we might try to acquire, the December 38, was artificially boosted on Friday’s close with a 0.79 bid that was four cents above the last sale. Let’s play their little game, perhaps getting in some faces, with a 0.71 bid for eight of them (equivalent to owning 200 shares at current levels) on the opening. Thereafter, the bid should be lowered to 0.67 if the stock is trading below 31.75. _______ UPDATE (10:26 a.m. EDT): Maintain bids today as suggested above. These call are more popular than I’d imagined with the crime syndicate that rigs their price. _______ UPDATE (August 21, 3:25 a.m. EDT): We’ve got only SLW’s dust to choke on at the moment. The stock may indeed be headed to the moon, but because the move is so frightfully extended, the journey will have to be without us. Nevertheless, if I’m able to find a low-risk entry spot intraday, I’ll put out a timely bulletin to those signed up for ‘E-Mail Notifications’ on their My Account page
