With MNMO trading at a discount (25c exercise - expiring April 09) and the heads really wanting to push on, there is a good argument for loading up the truck with MNMO.... Heads currently pushing around the 50c, making MNMO fair value at 25c.
If the heads go to 60c (which I think they will shortly), then the MNMO are going to be fair value at 35c. Approximates from here:
Heads rise 20% Options rise 40%
Where do you see the best value?
MNM Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
