InvestorsHub Logo
Followers 116
Posts 35588
Boards Moderated 2
Alias Born 04/19/2012

Re: tbirdman post# 10618

Friday, 12/13/2019 12:29:07 AM

Friday, December 13, 2019 12:29:07 AM

Post# of 12924
Indeed. But the stock jumped to 2.30 when they announced the trade facility. Last year the stock was up more than 100% in Jan and I think we could see the same thing this year. Hence, the reason why we bought call options. With the added chance of a going private offer.

I like this company. They have been sandbagging earnings for quite some time. Perhaps I should buy some shares as well before year end. I had to buy the options early because the stock was dropping fast and that's when you can get the options cheap. And I did get the April calls cheap for 0.10. The Jan call options traded for 0.15 yesterday, imagine that.


---

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.