Random Stock Market Thoughts

Monday, March 19, 2007

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Its been a while

I know I havent posted anything in a while and I doubt there are many who even check this any longer but a stock came to my attention that would probably be a decent short idea. PPD. It is a multilevel marketer for prepaid legal services. It is very similar to a pyramid scheme sort of setup. The CEO is pissed at the world because everyone shorts his stock now and has decided to cause somewhat of a short squeeze. The price is at 49.05 right now, it could go higher from here, but when the dust settles it will be below 40. Its tought to quantify it as this stock is erratic, but it is worth a look if you are looking for short ideas.