14,000 NOV MCP call options GUARANTEED to expire WORTHLESS
Bagholders there is a preposterous imbalance of NOV calls vs puts in this MCP penny junk and as I smartly demonstrated many times in the past, the smarter pros NEVER NEVER NEVER buy call options in penny junk stocks like MCP, they ONLY WRITE them.
Once again, another huge number of amateur overexcited suckers got duped into going long the MCP call derivatives, and if you have even one scintilla of a clue, you will race to close them out tomorrow AM before they INEVITABLY EXPIRE WORTHLESS again, as they have been doing, month after month, for more than a year now.
Of course, the typical rare earth long is a masochist #$%$ to the nth degree and/or a mentally challenged dummy (probably related to the partners of Doltsman Rose), so no matter how many times they are warned by their intellectual superiors of the inevitable BEARISH DOWNTREND in the sick rare earths, they always come back to provide even more $$$ donations to far smarter rare earth shorts.
You got to love the chronic idiocy of the amateur trader because smarter traders make TONS OF $$$$ off of their cluelessness....and yet there is also something very depressing about the fact that so many people are incapable of learning from experience or from those who are so obviously and palpably smarter than them.