It is going to be very interesting to see what happens with trading when it eventually comes back on. Before the temporary suspension there was a steady stream of both 1 cent options being exercised and shares being sold for around 3 cents. I know it is very dangerous to make assumptions, but let's assume the shares being sold where the ones that were being exercised - after all, if you're not going to sell them why would you exercise the option?
On that basis, a couple of weeks have passed without those shares being sold so will there be a whole heap of them dropped onto the market to push it back to 2 cents or numbers like that? The sellers still make excellent money at 2 cents when they only paid 1 cent.
If you have 1 cent options you are close to the action and well- informed. My question then is why are you selling when we are continuously told how there are millions and millions of potential users and this thing is going to be the next great success story? What do you know that we don't???
NET Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held