Yes, all I can say is that sentiment can change quickly. Has been trading in this 25c-31c channel since August. Really needs a close above 32c on the weekly to get people excited. If I was a strategic and disciplined trader I would wait for a breakout to buy-in. It has the potential to go a lot higher, lots of fuel, but no spark. The high percentage trade is to wait for the spark...
Options are acting like a long drawn out CR, imagine if a company came out with an announcement that said we are issuing 48million shares at 25c, but it's going to take 3 months to do it. Oh, and by the way, you don't need to pay us until the last day. It's a joke. It's death by a thousand cuts. I'm sure it sounded like a good idea at the time...
EGA Price at posting:
28.5¢ Sentiment: Buy Disclosure: Held