This post will upset a few options holder.
I will apologies now to get it over and done with.
The options will expire in April 2009. 25 cents to convert it to a share.
The current market does not look like it will turn back anytime soon. No crystal ball here.
Then options will expire and it will be worth $0.
The company will not get the money it so desire to push them forward in their projects.
*something like this have always been the back of my mind for a long time* lessons learn the hard way :(
This is my opinion about holding the options, as Fatstock have discussed it before a long time ago.
Leverage is great but only in a bull market.
I do not hold options due to bad experience in the past. Bitten once too shy to even look at options.
Cheers,
MNM
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