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This One Is Too Nervous To Watch. Pfizer

This is a short blog full of twists. Try to get through it. First a five day chart of Pfizer. chart. In the past week it was up $1.05 and it was the 7th most activity traded stock on the NYSE most active list. It's in a breakout mode. Look at how it traded over the last three years. This breakout mode might last a few days, weeks or months. This stock has a history of moving somewhat slower than most stocks. A second quarter earnings report comes out July 30th. If it's good that could add a touch to the stock's price. Now this. As a general rule stocks and options on stocks in this particular price range are difficult to play and in this case everyone is following the same story. Fred down the street and John around the corner and Mark across town are all dialed into the same commentary. There is nothing that really gives you an edge when it comes to playing it. That's the problem. Here now is a look at the Pfizer "next-week-out" $30.00 series of Call optio
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A Canadian Electric Bus Maker with a Story and A December 13th 2022 Update

In the past bus manufacturing companies in Canada got a bad rap. Overhead is high and after sales servicing costs can bury you. Having said this do you know about The Lion Electric Company? A Quebec based maker of electric school busses and now planning on opening up a plant in the U.S.. Earnings come out in ten days.They might be losing money but they might be onto something good. Here is some background information as to why the timing may be right this time. Read about them on the "Sedar Website". That tells you everything.
Interesting right? A backlog or 2,357 vehicles. They need to execute better to speed up production. In the past that has being a problem. Let's hope they are not locked in at fixed prices. Now for a thirty day chart.
Now for it's three year chart. This might suprise. It is a business which requires economies of scale.
So here is what I did in the recent past. I am currently down $25.00
I bought two Jan 19th 2024 Calls with a striking price of $2.50. I am banking on the stock rebounding over the next fourteen months and these Call options are already "in-the-money". Even if it ends up to be a bumpy ride it's not a position I am going to lose sleep over. Long term Call options like this can sometimes suprise. * Nov 2nd. Here is a important suprise.
On this news I got nervous. Production levels of only one.
I got my money back. Now skip ahead one month and see this chart and read this news. This is December 13th news.
Ambitious new projects cost money and fresh money coming into a company often drags down the price of a stock. At these current prices the story is now more compelling.

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