Do’s And Don’ts September 8, 2021September 7, 2021 Don’t sell your PRKR. They got another (presumably small) settlement. Nothing is certain, by any means; but as this is a speculation we’ve made with money we can truly afford to lose, I like to think our patience may continue to pay off. PRKR-friendly Intro-act agrees. Don’t buy PLXP — or its aspirin. Based on this analysis, I bought July 25 puts yesterday. As best I understand it, there’s nothing at all wrong with its aspirin — it’s aspirin. The only problem is that they’re selling it for 83 cents a tab, when Bayer is 6 cents and generic, on sale, under a penny. I paid $1,100 for each put. If the stock is $25 or higher next July, I’m out $1,100. At $14, I break even. (The right to sell a $14 stock for $25 is worth $11 a share. Each put covers 100 shares.) But if the author is right and PLXP is, say, $3 next July, I double my money. Only, obviously, with money one can truly afford to lose. Likewise PLSE, which has a doohickey dermatologists may love . . . but which the same analyst thinks they — and their patients — won’t. The furthest out PLSE puts are currently offered is April, which may or may not be time enough for the failure — if it does fail — to become clear. But how could I resist a few April 25 puts for $6.21? (If PLSE is above $19 next April, I’ll have lost money. At $6, I’ll have had a triple.) BONUS I want a depoliticized Court. And it wouldn’t hurt to fix this rule, as well: No Man Can Be A Judge In His Own Case — except for nine of them (three of whom are women). A fascinating read.