I saw this morning where GNW announced their Australian IPO (Genworth Plans IPO of Australian Unit). I am very curious to see what this does to the stock. I expect it to be quite positive as I had identified it as a potential catalyst months ago.
What is even more interesting was the options action in GNW that was noted last week (Calls pile up in Genworth at highs). When I saw this, I did buy more shares. A bit early, but may/should work out. It makes me wonder how "public" the knowledge was, as the timing strikes me as very fishy.
Finally, I did buy GTAT yesterday at 16.45 and sold 1/2 my CALL and all my CS.
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