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penny_mania

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penny_mania

Re: Terpene post# 18472

Thursday, 01/19/2017 11:12:01 PM

Thursday, January 19, 2017 11:12:01 PM

Post# of 64600
You're saying that only because you're convinced that the stock can only go down and not up. Would it have been a dumb trade if it was made last week? With the number of shares MJTK has been trading, I'm willing to bet that there is more than one buyer holding a position of $500k or more. Does it make a difference if it's one block or 20 different trades that total that amount? You're talking about $17 trillion market with the average daily trading value around $175 billion and if there are million dollar bets placed on options, this is nothing.
Wealthy people become wealthy because they're not afraid to take risks.
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