GREY:ICOTF - Post by User
Post by
KeepGoingon Feb 06, 2016 12:47am
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Post# 24531265
ICO misunderstood
ICO misunderstoodThis stock should be valued on its potential, not its cash per share and there are no fundamentals. It is a penny stock that will fly on any news, either the takeover prospect or the year trials news. In my view it is a long dated option priced too far out of the money. Why are sellors panicking and offering 4c? If they withdrew the spread would naturally move upwards. The bidders are accumilating far too cheaply I think.