Post #16914 by alan81 on the US Policy board

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With a beta of almost 6 the option premium should be HUGE. There was a lot of shorting when the stock was in the $50-$60 range, and with short covering here around $35 somebody is making lots of money. I would still value the stock somewhere around $15, so I wouldn't touch it yet. The only play I see would be buying some puts, but as mentioned above with the huge option premium that is unlikely to net much.

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