Option Investor

PTIE back on Watch List

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WATCH LIST - PTIE back on the Watch list

closed around $7.37 on Monday, a few cents into the money against our $7.50 Strike price. Since the position is now back in the money, even if only ever so slightly, we have placed PTIE back on our WATCH LIST and we will be keeping an eye on PTIE and will inform you of any change or developments that might merit action to be taken on our PTIE position if or when it might become necessary. The building of a base in the low $7.20- $7.60 area would be a positive development for our position from this point on.

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