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Below is a list of today's twenty-five most distressed stocks (according to their Altman Z-Score or Z''-Score, respectively) with a share price of $5 or higher. For details on how this ranking list is compiled, please click here.
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onp - Hesperian and ONP
Nice mention Hesperian on shorting ONP.
Didn't know if this stuff has been chatted about already but looks like there's more potential hair growing on ONP with some recent suits filed, e.g.:
http://finance.yahoo.c...
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That doesn't look good. I was thinking before of buying puts on this one. Maybe I'll put in a limit order for the furthest out $5 strike puts on Monday.
BTW, any updates on JBII?
I spoke with the Options Clearing Corporation today. Looks like May expiration options for ONP will be available after this month's op/ex on September 20th. I'll probably buy puts on ONP after then.