GGP 0.00% 0.6¢ golden gate petroleum ltd

I'm not a genius when it comes to options trading but I don't...

  1. 661 Posts.
    I'm not a genius when it comes to options trading but I don't think the heads HAVE to go to 7c+ to get a rise out of GGPO yeah? Are stock/ option prices not a reflection of perceived future value? If people think GGPO will go up even a few ticks they will buy-in and sell-out. You don't have to hang on and pray the heads go ballistic. That's why you see so many buyers and sellers lined up on GGPO ready to do just that.

    A steady stream of more good news like we have been getting and the 'perception' will change THEN the GGPO price will change :) Who knows? Maybe oil/ land sales like SSN had will speed things along.

    Brokers on YMYC talking about GGP certainly helps :)

 
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