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Friday, May 26, 2006

Closed my PEIX puts today. I may have done that a tad bit early, since today its getting sold that they're doing a private placement. A private placement is basically an on the spot secondary offer, which means the company is selling some of its stock to raise some cash.

MUELLER WATER PRODUCTS INC (NYSE:MWA) went IPO today. I got a little action in that, it priced at the lower range of the pricing though.

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