InvestorsHub Logo
Followers 36
Posts 5775
Boards Moderated 0
Alias Born 02/20/2015

Re: Slickrock post# 905

Sunday, 08/05/2018 11:21:09 AM

Sunday, August 05, 2018 11:21:09 AM

Post# of 2497
Thanks for the input. I have heard this warning from multiple people and you really have to say to yourself: where there is smoke, there’s likely fire.

If I jump in it will be in the hundreds, not thousands, of dollars. I’ve been around enough to know beginners luck is like any other luck: right place, right time, and sprinkled with a dash of the end-user’s perceived certainly.

In this instance, if someone perceives a buyout as a high probability, options make sense because it takes any possible MM manipulation out of the equation. Any BO offer over $2.50 and MM’s are powerless. At $.05 or $.10 per contract, the juice is worth the squeeze, IMO.

Having said the above, I’ll likely take a modest option position tomorrow in the hundred$).

Given the current events, there are several catalysts that could get across the $2.50 strike price by 19 March 2019.

Just don’t mortgage the house in the process; I hear you loud and clear.

And might I add, this has been a great dialogue this weekend. Thank you all for imparting your wisdom. So often on iHub it can get ugly. I am glad that has not been the case with CRMD.




















Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent CRMD News