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PPPPDPPW: Put Purchasing on the PPD Ponzi, Pyramid, or Whatever It’s Called…

Somebody seems to have taken notice of the discussion on Prepaid Legal. See the discussion here: The
Latest on PrePaid Legal Services – The Story of a Publicly Traded Ponzi
Scheme?

 

Those 40 Puts Impl. Vol. are ripping!

And for good reason. The stock and interest in it is on the down move…

 

 

Maybe some of those insiders know something that we don’t. This is what happened after the SEC inquiry was announced.

 

 

 

Tags: Current Affairs, Financial Shenanigans, Heard on the Street, Legislation, Law & the Government, Research

This entry was posted on Thursday, March 4th, 2010 at 11:00 pm by Reggie Middleton and is filed under BoomBustBlog. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

4 Responses to “PPPPDPPW: Put Purchasing on the PPD Ponzi, Pyramid, or Whatever It’s Called…”

1. shaunsnoll says:

   March 5, 2010 at 3:40 pm

   their buyback guy must have called in sick….

   implied vol still looks cheap on a historical basis despite the jump today as long as you don’t think it’s 2006 again.

   Reply
2. poozizik says:

   March 12, 2010 at 11:18 pm

   Thanks for the post. How long do you think it will take for SEC/FTC to announce investigation results? It’s been almost four months.

   Reply
3. Reggie Middleton says:

   March 13, 2010 at 1:24 am

   I don’t know, that’s a crap shoot. It depends on how serious they are about doing the right thing. I have some more info to share on PPD. I’ll post it this weekend.

   Reply
4. poozizik says:

   March 13, 2010 at 5:00 pm

   Thanks Reggie! Looking forward to it!

   Reply