Option trading is common knowledge on NSCP.
Dear John,
I appreciate your response and explanation about the split. However,
I am an experienced trader and I understand the intricacy of the split
in full detail. All I was curious about was the "payable date" because
the vote was on 1/23, and your previous post indicated that the split
is payable 1/31. I am surprised that nobody discussed option
trading at the share-holders meeting, while the exchanges already
assigned the specialists to trade NSCP options, which will come as
soon as the stock will split. It needs over 12.5 million shares to
start trading options.
I have traded NSCP since it came on the
market, at least 3 dozen times. It's a great mover, doesn't matter
what people say because it speaks for itself. It's just not for the
faint of heart. It's also not for people who have difficulties understanding
that the Internet, to the world of communications, is the same as
TV when it first appeared. By the time that most of the skeptics
admit the fact and recognize the potential and the real winners,
all the money will be made by "smart money," and the public
will be left to hold the bag. But we have a long way to go. Instead
of fighting the obvious, like a lot of the people in this message
group do, they could spend their energy trading it.
--Magnifique |
