Not today, not tomorrow, not next week. but in a few years. they have 0 prospects and it is run by one of the biggest raging lunatics on the planet: jimmy sinclair
go ahead and try to sue me jimmy, i have all of your calls archived from your jsmineset.com site.
from the bees, iran, "stop trading in early 2008", that 1 million dollar bet you weaseled out of, oil to $200, euro to $2.00 (complete opposite happening now), dollar index to 52 and then 41, gold $1650 by jan 2011. bring it!!!!!
what about the 3 card monty game you were playing with the private placements? remember in the press releases, you listed how much you put into the company but never mentioned the sales? you told barron's that was legal. you sold more than you ever put in!!!! maybe you should tell eric king that while he does his promotion of trx. lmao!!!!!!!!!!!!!
Option market sees it about equal. Jul $1 puts cost $0.10 while Jul $5 calls cost $0.20. Max gain on the puts $0.90, max gain on the calls infinite. Before you rant about Wall St. being against Sinclair, the option market maker is agnostic since the pricing is all computer driven. Zero is unrealistic by July since the company has no debt but a penny price is possible.
these folks dont know anything about options. all bets can be hedged if you want to. that is exactly why sinclair took down his million dollar bet. someone could have risked 300k to guarantee he either broke even or won a net of 700k from sinclair using options on GLD...for that million dollar bet.