BLZ - Blaze Minerals
- Thread starter YOUNG_TRADER
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Sent another email with no response. the email isnt bouncing so someone is getting them.
no news sorry.
no news sorry.
I don't like it when management treat investoirs in this way. I had the same problem whilst I was a shareholder in VMS and has happened to me time and time again with other companies. The management should act in their shareholders' best interests and also respond to reasonable queries where possible. Too often shareholders are left in the dark.Mousie said:No probs mate, in fact thanks for the effort. Kinda says something about management's attitude to shareholders though...
DYOR
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BLZ Buy depth building while sell depth thining
Something maybe up
Something maybe up
Hey Niz,
Wasn't you that took a quick 100% today then?
Best of luck- I thought I was a gambler.
Will watch with interest
No of course not.
I didnt take on this much risk to make just 100%.
The action on the heads today was very bullish IMO.
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Hmm BLZ on the move
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hello chris. ive always valued your view but thought id add my two bobs worth.
: (i follow bmn and ern)the oppies dont need to be in the money to be able to sell them on at profits prior to expiry (substantial profits at that). ive sold on many options still out of the money with little time left for profits or break even. if the sp managed to double by the end of april im sure they could be sold on at leveraged returns. and the chance of 10c shall always be there till the end
you are correct in saying as time reduces the time component of the option will decrease and therefore so to will the time affected portion of the option however. as you stated the option shall also be worthless if time runs out with underlying sp less than 10c. obviously high risk. not for the faint hearted and should only take up very small portions of a portfolio.
y_t only needs to pull off 2 out of ten of these trades for substantial profits using this much leverage. even 1 out of ten. from what i can gather his success rate seems better than this
i prefer options slightly OTM (out of the money), ATM (at the money) or slightly ITM (in the money) myself but i can see y_t's methods
ps i do think BLZ is a dog for the record
pps please keep your opinion to yourself atomic. that was an unneccesary attack on y_t a page back. you want a short term ten bagger without risk...dream on.
ppps thanks for your input to this forumn y_t
YT - interesting action on the heads today i agree.
Punters getting set for next week maybe.
Mildew - I do agree oppies dont be in the money to be converted. Look at HLXO, now they are dead but in the beginning of february they went from about 3c to 12c when the heads HLX went from 18c to about 25c.
And also check out MPO. Heads at about 8-9cents, and the 10c oppies, well out of the money and short expiry are going for 2-2.5c.
YT i think it BLZO goes to 2-2.5c then its a 2007 911 Turbo for you my friend
Punters getting set for next week maybe.
Mildew - I do agree oppies dont be in the money to be converted. Look at HLXO, now they are dead but in the beginning of february they went from about 3c to 12c when the heads HLX went from 18c to about 25c.
And also check out MPO. Heads at about 8-9cents, and the 10c oppies, well out of the money and short expiry are going for 2-2.5c.
YT i think it BLZO goes to 2-2.5c then its a 2007 911 Turbo for you my friend
Was just wondering if to buy company-issued options like BLZO I'd need to sign up for an options account with my broker, complete with signing the acknowledgement that I'd read the ASX options booklet? Or can I just buy the oppies like I would the stock?
hello chris. ive always valued your view but thought id add my two bobs worth.
the oppies dont need to be in the money to be able to sell them on at profits prior to expiry (substantial profits at that). ive sold on many options still out of the money with little time left for profits or break even. if the sp managed to double by the end of april im sure they could be sold on at leveraged returns. and the chance of 10c shall always be there till the end
you are correct in saying as time reduces the time component of the option will decrease and therefore so to will the time affected portion of the option however. as you stated the option shall also be worthless if time runs out with underlying sp less than 10c. obviously high risk. not for the faint hearted and should only take up very small portions of a portfolio.
y_t only needs to pull off 2 out of ten of these trades for substantial profits using this much leverage. even 1 out of ten. from what i can gather his success rate seems better than this
i prefer options slightly OTM (out of the money), ATM (at the money) or slightly ITM (in the money) myself but i can see y_t's methods
ps i do think BLZ is a dog for the record
pps please keep your opinion to yourself atomic. that was an unneccesary attack on y_t a page back. you want a short term ten bagger without risk...dream on.
ppps thanks for your input to this forumn y_t
It definately could be a money maker..I'm not denying that. I'm not into these high risk plays though. Too much for me to handle so I give credit when it comes off for investors like YT. I know he only needs to pull 2 out of 10 to do well. I like to pull off every trade as I'm sure he does also. I also know the oppies don't need to be in the money to make good money..I dont think I even hinted that wasn't possible. What I was trying to make clear for investors was the risk..if they want to take the risk..then hey go for it like some of the respected posters on here have done. That doesn't change the fact from what I said though
"You can't compare GPNOA when it has an expiry date in 2008
expiry date - 5/31/2008
You have to be a bit fair. If GPNOA expired in three months and had an exercise price of 10 cents there is no way it would be at the price it is now. Its also good you made money on HLXO..too bad for those guys who bought in above 10 cents.
GPNOA has an exercise price of 3 cents.
Hopefully this makes things clear for the onlookers."
Comparisons can't be made with GPNOA..investors may go look up GPNOA and be like..wow..look at their price..they are 2.2 cents.
Lets make things clear.
GPN - 4.5 Cents
GPNOA - 2.2 cents (Exercise price of 3 cents valid untill 31/05/2008)
Then you have
BLZ - 3.6 cents
BLZO - 0.1 cents (Exercise price of 10 cents valid untill 30/06/2007)
Now all I wanted to make clear for those spec players was that GPNOA have a lower exercise price of only 3 cents when compared to 10 cents for BLZO and GPNOA also are valid for an extra year. It doesn't change the fact this could be absolutely huge for the holders of BLZO if BLZ start to run and nothing I could say will stop them from running..I hope for the guys that they come out with a good announcement in the next 3 months because I like to see everyone making money. If they grab a 10 bagger they sure do deserve it. Good luck guys.
Ohh yeah and Mild..I hope ERN and BMN pay off for you if your holding. I think you are holding so all the best.
BLZ did show some movement today though..and 3 months is a long time in the market..that time will go extremely slow YT seems to pull off magic quite often with these oppies. Im watching with interest. I think BLZ overall are a good spec. I was looking at them also awhile back..but if I take an entry point i'll prolli pick up 100k in the head share.
BLZ did show some movement today though..and 3 months is a long time in the market..that time will go extremely slow
YT seems to pull off magic quite often with these oppies. Im watching with interest. I think BLZ overall are a good spec. I was looking at them also awhile back..but if I take an entry point i'll prolli pick up 100k in the head share.Ohh yeah and Mild..I hope ERN and BMN pay off for you if your holding. I think you are holding so all the best.
BLZ did show some movement today though..and 3 months is a long time in the market..that time will go extremely slow
Chris
GNPO or whatever supports your point well.
Have a look at HLXO (20c) and how they moved with the heads, they were short expiry as well. (31/03/07)
And have a look at MPOOA (10c) and how they moved with the heads, and they are short expiry as well. (31/06)/07)
Cheers.
Nope.
Just buy it like you would buy the heads.
Code is BLZO.
It would be great if you could clean up the 5million sellers at 0.002.