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just a little over a week until financials. I think everyone has forgotten. Should wake up with a bang...
RIMM - NOV $80 calls @.59 tempting...
5000 shares took out .0018
right; just come up with a bit more skepticism just because you feel like it and call it proof. go find a stock you like and leave the ones you don't...
I've seen your "laugh" DD. Rock solid as a sponge lol...
think more...
Still, they could have had twice the shares for $.025. If SPHE was dire they would have had no bargaining power and the lender would have gone for as much as they could and pushed it down to $.0001. That didn't happen. The $.05 had some basis that has not been made known to us. That still suggests to me a minimum worth of $.05/share.
How do you mean? Are you saying they should not have adjusted option strikes? I have never heard of that before but I'm no expert.
The bottom line is the lenders would not give $.05/share if they didn't think it was worth much more than that, and that is after dilution...
NPD - they adjusted both the $7.50 put and call strike prices down to $6.00. I didn't know they did that after a special dividend. They don't adjust after other divys...
NPD - "shareholders of record as of the close of business on September 25, 2009" would put the x-divy today wouldn't it?
It's a little late now but NPD declared a special $1.50 cash dividend with x-div date today. They are trading a little under $7.50. I bought a few $7.50 puts thinking the pps would be adjusted by about $1.50 tomorrow. Should this strategy work? tia, YAK referred me to you...
Thanks YAK.
YAK, do you think NPD puts will be good for a swing due to x-div?
Hurrah! Everybody can go out and spend their unemployment checks now!
that's always the case. I'm holding several million free shares + profits. I haven't intended to flip but it just felt like the thing to do at the time and I was lucky. I believe the co has potential to pop hard sometime not too distant and I don't want to be out of it...
unusual perspective for a moderator. Their A/S and O/S have remained constant for months. That contradicts your comments...
MTXX - regardless of the mkt, all it will take is a little more of the rumor about FDA re-filing and we will run up fast...
That's what I was thinking too. Also means that any buy volume will probably push higher quickly...
<<< SPYLOGY >>> think we hold 104.35?
yep, watching and waiting. if it dips more I'll add. this one is so thin it's easy for MM's to manipulate. Easy to go up too when volume strikes. I'm sure JB and plenty of others are watching too.
MTXX - did you see it pop today? It's holding $6.25 or so pretty good. Another little flurry and we will se $7-$8 imo...
I agree, fun to flip part of your position in the meantime...
MTXX - do you think so? It sure moves fast. Flipped half my calls...
MTXX up and active...
bid 3 @ .0003 x ask 1 @ .0004; something must be wrong with your level 2...
Jobs continue to fall but that's good because...
This guy was walking along looking up at the sky with his mouth open when a bird flew over and dropped a poop in his mouth. The guy looked astonished and then smiled. He said do you realize if he had not had his mouth open that bird would have shit right in my face!
Less bad is always good I guess?
MTXX already > avg daily vol. may be som meat here...
C with 50% dilution followed by r/s...sounds pink
I don't know what metrics you have to support that. must be a gut feel...
spending unemployment checks will revive the economy....
MTXX PM 25% avg daily vol....
MTXX PM 25% avg daily vol....
This will be news driven, not mm driven. It all depends on the follow-through of the rumor. Very good upside bounce potential here imo...
MTXX moving...
MTXX if it is true we'll see north of $10 again imo...
Matrixx Initiatives calls active as share rally on speculation 09/03 12:57 PM
Matrixx is recently up 82c to $5.91 on speculation has submitted a new Zicam formula to the FDA. The FDA on June 16, 2009 warned MTXX that two of its cold remedies may cause anosmia or a loss of smell. MTXX call option volume of 3,001 contracts compares to put volume of 279 contracts. MTXX September option implied volatility is at 135, October is at 151, January is at 126; above its 26-week average of 91, according to Track Data, suggesting large price movement.
(re-post from saj on bounce board)
MTXX! ?
C - revers stock split. diluting by 50%. govt owns 33%; why shouldn't it run, all sounds like good news to me (not)...the world is wierded out...