GDN 0.00% 1.7¢ golden state resources limited

trading at 4.10pm - 4 million options - how?, page-11

  1. 6,022 Posts.
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    1SB, many oppies are designed to fail, who knows what the game plan the big boys have. They may decide to cap the SP & use up some of their holding or get some issued to them in a CR, offloading some units, to prevent the oppies from comming into money would double the value of the stock that remains. If you are inexperienced, be very very careful with any oppies. heads dont expire, but oppies can end up worthless, even a delay in happenings on a successful outcome can screw you over.
    I hold oppies, but in hindsight I think it was a bad decision to take up the offer especially considering that they appear to be eternally unloaded since thier issue (by Cunninghams I presume).
 
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