Posted by: ontheedge01
In reply to: scarednomore who wrote msg# 5365
11/04/2005
Excerpt:
" view company's like CDEX as one would options. The value today is either low or high to the value in the future. If I could buy a $1.50 call option on CDEX for March or April 2006 @ say, 5 cents, I would buy 10,000 options. If there were puts available on a March or April 2006 50 cent put @ 5 cents, I would buy 2,000 options.
My logic here is as you have stated, By February 2006, if not sooner, I would speculate, we will all know which way CDEX stock price is going to trend. I believe the chances are 5 times greater it will go higher than $1.50, before it goes lower than .50 cents."
I believe that you were wrong on that call Edgy, but hang in there.
