Just had my mpjo extended to mpjoa. 3 for 4 @.0001. Fas are due to extend as well with new ex price of 10c. Cost for optionholders of fas .001 for new 10c options. Mco had trouble as there would have been more new options than shares if they issued new options plus extend the other ones. One other scenario is if someone borrowed millions of them and now they have to return them. They will still make money similar to shorting. Similar thing was going on with Cav options before expiry. The best thing is somehow if evgo were in the money. BJ has option to buy 10m evg at 7.5 before mid december anyway. They are still to find the $7m equity parner. Maybe that's bj as well.
EVG Price at posting:
8.4¢ Sentiment: None Disclosure: Held