Ivabiggon, you're right, your measley 103,000 options at $0.06 would be far from measley should they hit the lofty heights of a few years ago, then you'd be bagging somewhere in the vicinity of $70-$80 Gs, not too shabby for a 6-7 thousand dollar investment don't you think.
I've been here a while now and I thought I bought well at an average of $0.35, so you can imagine how those that got in at the height of 70-80 cents,I almost bought some more when they went to around $0.15 a few years back, not the last time they were at this price but the time before this.
However I thought I'd already invested enough, lets just say if I was investing the same $$ today, at the current sp, I'd own tens of millions of shares in cnx, so I'm not too thrilled with where they sit at present,and when I had Carbon Energy ringing me a couple of days before the offer was about to close, I let them have it, I knew when they called they obviously didn't have enough willing to take up this offer and though in some ways it was tempting, I decided that I didn't want to take the risk on anymore.
I hope I live to regret that decision and if I do, then so be it. All I hope is that this company goes to the heights that I originally thought it would.
In the meantime all us long term investors can do, is sit and wait.
I think it's an excellent buying opportunity right now for those thinking about getting in, even if you've got a a lazy few thousand to invest but don't go investing money you can't afford to lose.
Cheers
CNX Price at posting:
1.8¢ Sentiment: Hold Disclosure: Held
