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Re: gburgin post# 91949

Thursday, 02/16/2017 3:18:08 PM

Thursday, February 16, 2017 3:18:08 PM

Post# of 463219
In reply to

What I dont understand about forcing the options to be worthless is the amount of profit relative to the cost of the manipulation.

I think the only purpose for knocking the options "out of the money" is because those who sold the calls don't want to give up those shares if they stay in the money; not with all the near term catalyst in play. They want their premium and their shares. Hopefully they don't get to "Have their cake and eat it to" this time.
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