Hi Toofuzzy, I meant net. Last sale is currently at $0.23/share, $23/contract and I took off the $6.95 commission plus ~$0.89 including the SEC fee per contract and then rounded down because, who knows if you would get even that. Sorry about the confusion.
Yeah, at $10/share or $1,000 per contract I'd jump at that too. It'd mean my cost would only be about $40/share, a great starting point, about 30% below the current price.
Best,
Allen