RRS range resources limited

options .05 cents in the old money, page-5

  1. 3,007 Posts.
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    The options are now at 10c.

    This means that the shares are valued at $1.10 come 1st of October. ($1 exercise price plus cost of option).

    From reports I have read and what other people are saying, this stock should be valued closer to $2 by then. That would make the options a bargain at this price.

    If it reaches the $7 everyone is predicting (imho that is a long way off) by October, then the options would be valued at $6. That is a 6000% return.

    I just wish I had more money.
 
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