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Quest Rare Minerals Ltd. Message Board

  • canine_cunning canine_cunning Jul 1, 2013 6:55 PM Flag

    approx 140 qrm july calls GUARANTEED to wipe out worthless soon

     

    as I tried to teach rare earth amateur suckers in the past, NO smart pro in his right mind ever buys call options in penny junk stocks already priced as cheaply as a call option in the first place, the smart pros only WRITE them, even on a naked basis, given that qrm is wounded technically beyond repair and there will be NO need to deliver the actual stock.

    You best close out the qrm calls, asap, grab whatever residual value remains, before the inevitable wipeout....and you can recoup much of the loss by purchasing a sweet number of in the money puts, for as much as a fast easy 50% return, as qrm winds its way down toward its ONE penny per share destiny.

    This topic is deleted.
 
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