expect a dump sometime soon. Thais is as a result of those who hold the options and those
who have deep pockets.
Example
Buy(option)
1. 1000000 at .02 = $20000
2. 500000 at .02 = $10000
Convert
1. 1000000 at .10 = $100000
2. 500000 at .10 = $50000
sell at curent price. 25c
1. 250k - 120k(cost) = 130k profit
2. 125k - 60k(cost) = 65k profit.
Posted 09/06/07 18:12
regards