Whether this guy is selling a lot of his CQT Options because his trying to panic the market so he can accumulate on the other side at a cheaper price or he does not have the money for the conversion is only two of three possibilities.
I think the brokers still know that this stock is undervalued, and once again just like early November, will line up the sellers from 20c to 30c and 40 to 50c on the shares and out of nowhere within a couple of hours snap them up before you can say John Terpu.
As they know there will be a few panicking due to the options expiring soon they are waiting in the wings ready for the those who put there offers to sell at well below market value.
DYOR as this is all theory.
CQT Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
