OTCPK:IVWFF - Post by User
Comment by
SergeGodinon Oct 18, 2013 8:04am
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Post# 21826340
RE:Options Nov. 20th
RE:Options Nov. 20thI wouldn't be too concerned about the expiring options. There are about 1.6M options at 0.10 according to my calculations, or about $200,000 if someone tries to dump them at current trading price. This could easily be consumed by the market at between 0.10 and 0.12.
All eyes should be on the upcoming Q3 results, presumably to be released n the first or second week of November.
Any positive earnings should result in significant activity, and presumably a bump in the share price.
Those sitting on expiring options should exercise but not sell.