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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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Blackberry

Here is a five day chart of the trading activity on Blackberry during the week John Chen announced his retirement. October 31th 2023 was the actual day this announcement. The stock spiked on this announcement. This news was long overdue. During his rein the company continued a precipitous decline.
Here are a few charts to put things into perspective. First a twenty year chart.
Now a year to date chart and a three month chart. This stock was once a meme stock. Now it is kicked to the curb and somewhat forgotten.
So now what? More talk about unlocking shareholder value and a decision to no longer pursue an IPO. This is not what shareholders now want to hear. Nor do they want to hear the line about hiring a consulting firm to form an independent assessment. Some would say there goes more money out the window. What happened to the recent chatter of other companies trying to buy a piece of the action? Here is more of todays news.
So yes you can purchase Call options. Here is one series of the January 2024 Call options. They are pretty cheap so it becomes a question of what if? The current chart looks promising so once again it is a question of what if?
Perhaps the five dollar series of Calls six months out is a better way to go. Something might happen with this stock someday. You decide. Now a look at the chart and these Calls three days later.
Are you ready for this?
Options on stocks in this price range are great if you can catch the right direction! Now this.

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