RE:RE:RE:RE:Option activity
Now he's bidding 65c. Funny enough, I've been a taker and sold puts to him. Did you?
The only scenario where such puts make sense IMO is a sizeable capital increase. Is this and out-of-the-world scenario? Not in my book. LGO is in the process of building an ilmenite and TiO2 plant and, more importantly IMO, has founded a vanadium holding company that is in dire need of capital to to purchase electrolyte stock. Who is going to fund this? Does the shelf registration form make sense now? Yes, at least as far as I am concerned. Another drop of 95c and the puts will be in the money.