The Investment Thread

HYMC is dumping, for now at least. Wonder if the MM's strategy yesterday was to make it appear there was no market on the Puts in order to prevent people from buying. Even with the ticker trading in the $1.58 to $1.62 range, the 1.5p's weren't catching many bids.

I still have a good bit still at $.03 per cost average, which I bought after the ticker failed to breach $2 for the second time and started coming down hard. Hoping to flip them for at least a 300% profit today if this dump continues.

In fact, I am starting to come around to the idea of buying shorter term puts on runners. I think you'll find yourself winning way more times than not on those, easily.