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   _cj_
Member
Username: _cj_ Post Number: 91 Registered: 09-2004Rating: N/A Votes: 0
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| | Wednesday, December 08, 2004 - 05:26 pm: | 
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First of all I dont know a whole lot about options but I came across this in a scan yesterday. The indicators are telling me that we just might see a run similar to the one back in July. I dont quite have the stomach to put my money where my mouth is though Also note the increase in volume going back from september. I was tempted to put in a buy order at .003 last night and I just might regret not doing so. Comments on how crazy this seems?
(Message edited by _cj_ on December 08, 2004) (Message edited by _cj_ on December 08, 2004)
"Man is ignorant of the nature of his own being and powers. Even his idea of his limitations is based on experience of the pad. There is therefore no reason to assign theoretical limits to what he may be, or what he may do." "The sooner you fall behind, the more time you'll have to catch up."
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   bandicoot02
Member
Username: bandicoot02 Post Number: 38 Registered: 03-2004Rating: N/A Votes: 0
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| | Saturday, December 11, 2004 - 02:09 pm: | 
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Probably not worth the risk even if they went to $1.10 with only 10 trading days left you wouldnt be able to sell the options for much.
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   _cj_
Member
Username: _cj_ Post Number: 96 Registered: 09-2004Rating: N/A Votes: 0
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| | Saturday, December 11, 2004 - 06:44 pm: | 
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Hey bandicoot. They expire on the 31st I think so it gives you a bit of time. I would also think the volume is decent enough over the last week or so to be able to get in and out, especially if we see a run. But I am not going near it, even though the indicators are still rising while the price is moving along the bottom. Very high risk reward I would think.
"Man is ignorant of the nature of his own being and powers. Even his idea of his limitations is based on experience of the pad. There is therefore no reason to assign theoretical limits to what he may be, or what he may do." "The sooner you fall behind, the more time you'll have to catch up."
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   bandicoot02
Member
Username: bandicoot02 Post Number: 39 Registered: 03-2004Rating: N/A Votes: 0
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| | Saturday, December 11, 2004 - 08:25 pm: | 
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Just checked the letter to optionholders it said the last day for official quotation is the 22nd dec, 5 business days before they expire, actually only 8 days of trading!! heres one similar SESO [30c also dec-31-04] im holding!! is trading around 0.8c while SES is 33.5 very risky because most optionholders probably don't have the money to risk by exercising them so they sell for whatever they can get even though SES is trading at about 3cents more and in a good uptrend.I probably sell mine hopefully. 
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