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Endeavour Silver Corp. Message Board

  • callenbyrd callenbyrd Apr 14, 2013 12:32 PM Flag

    Newscentral: Question for you pls....


    Know you are long term investor, but really need your help. I am thinking of buying Jan 2014 7.50 think this bet might have a chance of getting into the money? Most of my nestegg is in traditional investments, but I wanted to try one big swing ...thinking EXK might deliver this year...

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    • Hi callenbyrd: I agree about options or LEAPS with long lifetimes. Before I would take a (your) position at this time, I would wait for a larger distortion to occur. Not only with pricing but with silver/corporate sentiment. When a stock price moves sufficiently then new strike prices are added and that can change volume. I would just wait at this time to see what happens. The strongest reason at this time to buy would be a takeover, a buyout - I don't see that until at least 2015. lol

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