The thinking is that results of the tests will be out by the end of the year which leads into why there is that premium. As you mention, by December THLD should be (and I believe) in the
$6-$9 range. So an option buyer has a couple of ways of playing this. Hold on for the results or sell into it on the run-up and recover not only his cost of the option but a premium on it as well.
Agree. You also answered your own question about why no gradual increase in share price. I As you say, if the results are positive we will be into $20-$30. Now look at the call options for December at strike of $5. It is over $1 and right now is out of the money by $.75. That is a hefty premium. I think we have many playing this using options, willing to risk about $1 a share while having an upside of over $15. Going this route takes a good chunk of the downside out of the equation while at the same time getting a very nice large upside.
Are you really that much of an idiot? Besides being a paid to bash moron? Take a minute from bashing for pennies a post and being bent over in front of your master who hammers you and READ the qtr report. NQ agreed to sell FL for AT LEAST $626 million with a possible HIGHER amount as determined by an agreed upon third party.
Unfortunately for you is that you get it, hard and fast from your master that pays you to bash while bent over the computer. Get a life aszwipe......
More like time for you to get brains and real job instead of being a paid moronic imbecile aszwipe on a message board.
And if it wasn't for your employment as a paid basher you would be working the truck stops on your knees.
I think it is an attempt (feeble at that) at satire by the imposter "...ain52" mimicking the real poster "...ian52". In other words one nut job making fun of another nut job
The better question is do you make more as a paid basher or more for servicing truckers at the truck stops? I bet it is the latter since you get at least $1 a john there instead of pennies a post here and word has it you love rod.