Thursday, December 20, 2012

FOLD Fiasco Update: Not Assigned Yet, Cancelled 'Buy Close'...


There's no way my 'buy close' @ $0.35 will be executed as it's now trading at $1.65...  I definitely won't be going out via the options route.

Luckily, I haven't been assigned yet and the underlying security price is at around $3.14, down about -45.58%.  In options terms, the loss is far greater at over -420%...

I'm waiting to get assigned and will plot my exit when the time comes.


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