CMX 0.00% 4.4¢ chemx materials limited

Options provide leverage.Ive sold down all my holdings except...

  1. 13,530 Posts.
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    Options provide leverage.
    Ive sold down all my holdings except CMX because it’s pretty clear management are setting us up for a pump when conditions improve.
    A new IPO…. tiny MC.
    And those options given to that crowd over in NY….. because?
    No reason.
    Then more options for them if the SP stays over 40c for 10 days.
    What do they have to do to earn these options?
    Nothing is stated but the implication is they need to get the SP over 40c for a while haha.
    Guessing management is looking to do a raise at 50c or above in the next year or two.
    Bring it on
 
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