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mrholty

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mrholty

Re: UltimateMan post# 65610

Friday, 10/22/2010 12:39:32 PM

Friday, October 22, 2010 12:39:32 PM

Post# of 67237
There is a bunch of bids at .3601 and going down to .33 at .003 increments all in increments of 5k shares.

Ask is the same. .363 5k .365 5k etc...

I bought 20k more at the ask of .363.

(I figure that at $2.05B equ and midpoint of 8% we get to $.41 at a minimum. Its a pretty fair risk for me. Maybe 10% downside here for something I am missing. 80% likely of a return between .41-.49 or 14%-36%. 10% return for something more like $.70.

I'll take those odds all day long.

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