GDN 0.00% 1.7¢ golden state resources limited

no buyers for options, page-33

  1. tcf
    6,869 Posts.
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    Cheapcharlie
    Sorry I am in stiches over your last pump scenario. How can someone pump a .01 cent option when the SP is 2.5 cents and the exercise price is 12 cents? Honestly you have to be joking.

    It is safer to take a 4 bagger with the shares going to 12 cents than hang out for a 10 bagger with the options going to 1 cent.

    Odds say be happy with a bankable 4 bagger within 12 months rather than a complete wipe out in 4 months.

    Put your hand up- for as many options as you like at .01 but before you do work out how you will sell with no buyers at .01
 
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