L&L Energy, Inc. LLEN

Remember, Options expiration tomorrow

[Cool_Scirocco]

I think that a lot of what we're seeing today is due to options expiration tomorrow.

https://finance.yahoo.com/q/op?s=LLEN+Options

According to an online Max Pain calculator, Max Pain is at $4

[farstar]

Hi Cool,So in theory, if we all started making small buys between now & the close to get the share price over $4.00 we could cause some major damage to the option holders? Hmmmmmm now thats a thought lol.Far>

[Cool_Scirocco]

Maybe, we could have an effect Farstar, but I doubt it, because the big moneyed interests can buy or dump huge quantities in milliseconds at the end of the day to move the price whereever they need to be. Remember what happend on March 15, when there was huge selling at the very end of the day, probably due to the large number of puts that needed to be covered: https://www.stockhouse.com

[farstar]

Thanks Cool. Dang, is that legal? My original post was said in jest and if we did try to manipulate the price upto over $4 by buying small amounts of shares multiple times, then I would think we would get 3 days in the electric chair if SEC investigated. It sure sounds like a risk free way to make money if big money players can get away with manipulating the share price. Makes me wonder why LLEN