I came here looking for information about what I believed to be the perfect opportunity.
I thought this being under the financial tab it would offer some serious advise.
I expected it to be populated with knowledgeable people with experience and connections.
I can't believe none of you understands how options work. How are you investors in the 21 century?
There was history to be made here alone with a great deal of cash but there's no getting through the bs.
I've been trying to show you what you missed with this game of tag you're playing.
I can't speak for anyone else posting here but for myself I think I've been clear.
I have no reason to misled anyone.
Lesson for me is. You want legal advice go to a lawyer. You want to raise money bring the lawyer with you to the bank. God forgive me for wasting this opportunity. I tried but not hard enough.
I beg to disagree Grey.
Can we all agree calls will rise and put will fall along with a rise in the common shares?
Recalled if you will the calls that were to be purchase.
When we start exercising those once worthless options there would be another sizeable short created and who own 110% of the no product company?
That's were you need foresight.
I mentioned what $60,000 would control. Now imagine $300,000... 5 million shares the option sellers would need to buy to cover as the price follows the pressure of dwindling supply.
Do you get it yet?
Not all investors understand options, so it is fine for those investors who do not to use directional trading strategies. Moreover, options are a type of leverage so it is more risky than a directional position. If you see buying AFFY call options is a perfect opportunity or way for you to get rich by buying call options, then do so.
For sure not all. But you don't need all. I agree options are inherently risky. Time will eat you alive.
mba suppose you knew you were going to buy this company. No doubts.
You're not hoping for another company to buy your shares. Where's the risk?