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No options for sale...significance?

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Hi - apart from the obvious (no one wants to sell)...what is the significance of there being no YMLO for sale? Is this generally an indicator of good or bad things? Or is there no significance at all?
 
bigt said:
Hi - apart from the obvious (no one wants to sell)...what is the significance of there being no YMLO for sale? Is this generally an indicator of good or bad things? Or is there no significance at all?
Because there are buyers and no sellers stands to reason that the option holders have some faith in the share value improving before the options fall due. It must therefore be seen as an indicator of good times ahead. As a small holder of YML I hope that is correct. I treat them as a speckie.
 
Those are my thoughts, though it is suprising no-one is selling at all i.e. for 10 / 20 / 30 cents etc (for a significant profit). I am not saying they will be able to sell for these amounts, though there is an obvious demand for the oppies therefore why not test the water to see what sort of profits can be made?
 
there may also be not the amount of volume that somone wants to dispose of shares/options at.

many times you will see offscreen buys/sells appear only moments after a large buy/sell order is placed.
 
dj_420 said:
many times you will see offscreen buys/sells appear only moments after a large buy/sell order is placed.
OK, who's turn is it to "take one for the team"? (put in a massive buy order and see if this is true.)

m.
 
marklar said:
OK, who's turn is it to "take one for the team"? (put in a massive buy order and see if this is true.)

m.
Your idea your turn !!!!!!!!!!!!! I'll watch thanks
 
yeah, ill be keen to see this theory tested.

someone put on a bid for 5 million options at 0.055 and see if someone sells!
 
There you go, someone must have been watching...1 trade through, and an offer at 8c.

Now...what does THAT mean..?? ;)
 
bigt said:
There you go, someone must have been watching...1 trade through, and an offer at 8c.

Now...what does THAT mean..?? ;)
It must mean that this forum does have an effect on the market! Sales at 5.1c and 7c. Sellers now at 7.4c, 7.5c and 8c.
 
The ante is obviously being upped!

I think YML is about to shine - and yes, I've been watching the 'no oppies' for a while. :D

If you read the last page of the actual YML thread, you'll see some great figures from Young Trader assessing the situation and putting a conservative value of 32.5 cents (I think) on the heads.
That puts the oppies well in the money. :cool:

Keep watching, and if you've got some spare dollars, the heads are looking like a great buy. I seriously believe they have been accumulated over the last few weeks leading up to the January results. The accumulator has done a superb job in capping the price, and not letting it run too far, thus avoiding a speeding ticket.

Oh yes - and never underestimate the power of our forums - we actually as a combined force can be very strong!
 
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