using oppies to gain leverage, page-10

Ipod, IMO your money is safe. Oppies closed at 5.1 today and heads at 12. Assuming that the 3 cent premium stays constant then at an sp of 13 your oppies will be worth 6 cents. At an sp of 20 your oppies should be worth 13 cents. You don't have to wait for a 50 cent sp. The oppies are very liquid and you can take your profit at any time. Remember that the sp has been to 16 in Jan with less news than we have today and from what I have read it looks like the IO price will only keep rising and demand from China etc will keep increasing.