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4,255 Posts.
64
03/09/13
11:41
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Looks like someone sold a few MNM and bought MNMO a few seconds later...
The value of the two transactions are almost the same if you consider a transaction fee..
They must be bullish and maybe they thought the MNMO had more leverage if the SP rallies in the next few months...
Lets say MNM hits 20 cents in June 2014
50 000 MNM will be worth $10k
183 000 MNMO will be worth about $29 k based on MNMO being 16 cents
Oppies are definitely higher risk higher reward IF the share you like rallies...
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