Party City is in no way sheltered from the current state of things. Most stores are probably shut down, but with all the increased buying I believe we have hit a bottom and can break up to an upper channel off its most recent move. I do not have any shares of PRTY but will be looking on monday to buy in the area of 0.58-0.61 if I get the chance. First price target...
Callon Petroleum Company is an oil bounce play. I am normally very against this but am short term bullish on this and NAT (tanker company) as far as oil is concerned. The setup is as follows: They have uniquely hedged themselves with oil swap contracts valued $50+ per barrel. Someone deserves a bonus. This is the highest valued swaps I have heard of...
This represents ~20% of my RISK ADVERSE portfolio. Cost basis @ 0.40 but have been buying since the 0.30s. This company is currently trying to add to it's current portfolio of Spa Centers located in airport terminals (post TSA checkpoints) to become testing centers for COVID. Current news is that there are pilot programs going on, but the only location that seems...