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Microcap & Penny Stocks : Trading post-bankruptcy bounces -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (38)5/22/2009 4:39:21 PM
From: RockyBalboa  Read Replies (1) | Respond to of 93
 
Yes thats four more days. By today, most of the "hope" of a little less dilution is gone; the stock won´t trade much higher than a half dollar in july.

That must be pretty clear; given the boneheaded and fixed bidding of market makers in puts. Over the whole day and the whole price range of the underlying, the $2 put moved between 1.48 and 1.58 while calls still failed to build up any time value (except towards the end of session).