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Monday, November 20, 2017 2:33:12 PM
Anyway, I bought march and June call options that allowed me to free up capital but still stay in the game in the event that they hit a grand slam in early 2018. This will allow me to either exercise the option and buy PSTI a little higher(stock price would have to soar ) or trade the option for a profit. More likely.
We are all very news driven. One or two pieces of the right news will send this to the moon. However, Blue and Eich have it right that only news with $$ into the company will allow for this stock to soar. I know I held on for so long waiting to get that piece of news , but news without $$ will result in dilution so the price will not stay high long. Sounds elementary and master of the obvious but I would be skeptical of any news without a very fast revenue impact. Otherwise dilution comes in 1-2Q.
I hope I'm wrong but I just don't see needed money pouring in imminently. Going with options lets your stay in the game with a fraction of the cost.
Good luck to all of you.
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