It is cheap, some of that volume today was mine from a partially filled order for 750K from last week at 0.1c.
Figure, I have lost 14 grand on these options, buying them all back for $750 total, cant hurt, as the chances of the stock heading back up over 20c, although unlikely due to tax loss selling season, is possible before month end.
If that were to happen, I could excercise, then hope MXR hangs in there until the stock is issued to me, whereby I might choose to sell a few to hedge the position a bit.
My question is, how soon after MXR receive the forms, do I get my stock?
MXR Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
