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Optionable Inc. Message Board

  • netstockreader netstockreader Feb 11, 2007 2:59 PM Flag

    Some Math

     

    Quote from the earnings release:

    "We expect that the efficiency of OPEX in executing trades, will cause its contribution to revenue to become a substantial portion of the mix as we progress into 2007 and even 2008, particularly as we begin to open up the market for our services. In short, there are a number of strategic opportunities in front of us and we will examine each one thoroughly and carefully in order to continue building Optionable into a force in the derivatives brokerage business."


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    From Recent News:

    Optionable Announces NYMEX Holdings to Purchase 19 Percent of Outstanding Shares of the Company...the acquisition of a 19 percent stake in Optionable by NYMEX from its three founding stockholders and the issuance to NYMEX of a warrant which would permit it to increase its stake yo 40% of Optionable.

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    From Recent Bloomberg Story:

    ``If Nymex ever offers electronic options -- forget about it. It's over,'' he said.

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    Higher Price

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