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ESI - pre-open Market Depth, page-28

  1. 4,151 Posts.
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    HC
    I understand this in fact I posted this in an earlier post

    None of us here know where the SP is going to be in 3 yrs time

    And we have all had time to convert cash in sell or whatever

    but on saying this,

    here we are some 3 yrs down the track from facing this situation of oppis out of the money on expiry

    AND may I say through manipulation IMHO

    I would sooner be in a situation once good news comes to be able to convert all and watch the market with parcels intact to do with as I see fit

    Who knows HC due to manipulation the market makers don't press this back to zero profit on your oppis then the deep pockets purchase your zero profit oppus from the company then let the price go leaving you out of pocket and totally pi$$ed off

    Is this not the situation we find ourselves in at this moment in time

    I would be very carefull in backing up that truck and mindfull of how the market works

    Not trying to tell anyone here how to suck eggs

    But I for one did not think we would be sat here SP wise some 3 years back when I took part in the reissue

    I am personally going down the ELF route for a substantial amount myself

    Well substantial to me but I know if the price spikes in 5 months I will be able to cover my conversion should the opportunity arrise

    DYOR
 
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