Miramonti
Lifer
- Aug 26, 2000
- 28,651
- 100
- 91
For me, ONT is GOOG Call option that doesn't expire until the deal is secured Since Google reports the financial on Jan 21, I will hold onto ONT until then at least. I mean, if Google hits $ 650, then ONT should be at $ .80. Of course, if Google hits $ 550, then ONT should be $ .70
My cost for ONT is 0.57, so, it would take GOOG to be $ 420 for me to loss. Worth a bet!
Sounds good to me, I can see that angle of it.
Btw, I've corrected my math...600 x .001 is .6, lol.