SUM 5.88% 18.0¢ summit minerals limited

SUM Chart, page-1405

  1. 8,129 Posts.
    lightbulb Created with Sketch. 1110
    Is this the poster reckons they were up over $250K or so at some point,
    Then Sold and Bought Options?

    Apparently buying the options near the peak?

    Perhaps it was their own large sell,
    That triggered the sell off in the first place !!!!

    Either way it was their own choice to try and get more leverage buying options,
    Leverage works both ways amplifying both gains and losses.
    Clearly they got caught out,
    By their own Greed !!!!
 
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17.5¢ 18.5¢ 17.5¢ $50.12K 277.5K

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18.5¢ 100000 2
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