GDN 0.00% 1.7¢ golden state resources limited

There will be major downward pressure on specs today with a very...

  1. 2,988 Posts.
    There will be major downward pressure on specs today with a very negative lead from wall street - down 1.3% (NASDAQ 1.7%) and fall is gaining momentum.

    This could really hurt GDN with options now less than 10c in the money. Lets hope there is a major rally on wallstreet prior to close.

    Question is - If options fall to 5c is it worth a $5K punt to pick up 100K options this close to expiry?

    I think I'll not look at the markets tomorrow!
 
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Currently unlisted public company.

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