Using Options to Get a Sirius Discount [View article]
What about the 100 to 1 reverse stock split coming. Why own now when you can pay the equivelant of .20 per share a month after the split.?
On Jul 27 02:33 PM relmar2003 wrote:
> No, timing is everything. Buy them on spikes, sell back on the dips. > No spike right now, therefore its a fool trade. Good luck even getting > .10 cents right now. But if some poor sucker puts up a .10 cent sell > right now, the first spike will take it out, and .15 or .20 might > have been possible. Wasted money. This is the bottom. No need to > hedge a .40 cent stock. Unless you see BK in the next 6 months, which > is impossible for 2 years, at least, and now probably never.
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What about the 100 to 1 reverse stock split coming. Why own now when you can pay the equivelant of .20 per share a month after the split.?
Jul 28 08:15 am
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All Comments by Not Surious »Using Options to Get a Sirius Discount [View article]
On Jul 27 02:33 PM relmar2003 wrote:
> No, timing is everything. Buy them on spikes, sell back on the dips.
> No spike right now, therefore its a fool trade. Good luck even getting
> .10 cents right now. But if some poor sucker puts up a .10 cent sell
> right now, the first spike will take it out, and .15 or .20 might
> have been possible. Wasted money. This is the bottom. No need to
> hedge a .40 cent stock. Unless you see BK in the next 6 months, which
> is impossible for 2 years, at least, and now probably never.