Huge AXLL Option Activity
AXLL just had over 4800 Jan 16 $22.50 call options traded. The open interest was only aprox 3900.
AXLL was in the rumor mill a few months ago as a buyout target.
We often use AXLL and POL as a trade indicator as they normally trade in tandem.
We think AXLL and POL are good names. We know from our conversations with POL management that they are a buyer of companies and not a seller.
Its not impossible that POL could buy AXLL.
Shares of AXLL have jumped to over 20.00.
We are putting AXLL on our buyout list along with CASY.
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