“The bloody management got me into this one”How is that? You did...

“The bloody management got me into this one”

How is that?

You did your homework, you made the decision, you paid the money and you ‘hoped’ you would make a profit and not get burnt again!

We have all been there and we hopefully learn after each episode. Bigger the potential gain – bigger the risk.

GBM management did not put their hands in your pocket and rob you. YOU paid the money with the expectation of a gain. Options, shares, warrants whatever………… that’s what we all do.... take a risk and manage the risk as best we can. Sometimes that risk cannot be managed as best planned. Every 'stop-loss' is killed with a trading halt or suspension. That's the way it is.

My understanding is that Management have NO (repeat ABSOLUTELY NO) ability to alter the terms of Options. It is not a matter of decency or otherwise…… they simply cannot do it! Terms of options cannot even be altered via a shareholders meeting.