65 cent oppies

Has anyone else noticed that 11million 65.5cent options are due to expire on 20th November. This is great news either way whether they expire in the money or out.

On one hand, it means less dilution if they expire worthless, on the other it would solve the funding problem for Copernicus.

I wonder if the company has something up its sleeve to get them over the line or not??

Been doing more research on the weekly chart. The range up from 28.5 to 61.5 gives us a range of 33 points. you would expect it to come back 50% and reverse and go into an uptrend once again. The 50% market was 45, the low was 44.5 and only by a few shares that traded there. The trend is now back up and the weekly moving averages have crossed bullish today. Next target, being 100% of the range ie 44.5 + 33 = 77.5 and a break of the previous high. After that and the subsequent pullback, the long term double bottom gives us a target somewhere near $1.21.

Just my take on things, but by the looks of the chart we could be in for a very very good few weeks ahead.