options glfob are exercised at 10 cents, page-35

Whiteknightoz,

It is the weakness on the average trader to grab the profit that they see in front of them. It requires great patience and discipline to hold a profitable position and carry it to its full potential.

I think that GLF is drifting down because the traders who bought between 2 and 3 cents can't help themselves.

I think that you have asked the wrong question. Support levels are irrelevant. Ask yourself what GLF is worth. If there is a sufficient return for the risk between that value and where the stock is currently offered, buy it. If it is fully priced, sell it.

Good luck.

Afterthought: My understanding of GLF gives an NAV of 15 cents per share with potential for improvement over the next three years, so I am inclined to hold.