SteadyOptions is an options trading forum where you can find solutions from top options traders. Join Us!

We’ve all been there… researching options strategies and unable to find the answers we’re looking for. SteadyOptions has your solution.

SeanM

CMXX — Special situation event

Recommended Posts

CMXX is micro-cap that is going private via reverse split.  Holders of < 10k shares are to be made whole via cash payment of $0.15 per share.  See SEC filing for full details.

 

A press release was just issued disclosing that the reverse split is to take effect on the 26th, meaning today is the last day to buy.  Last trade was $0.1405, and if you can buy 9,999 shares at that price (I did), you can make $95 in a few days.

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account. It's easy and free!


Register a new account

Sign in

Already have an account? Sign in here.


Sign In Now

  • Recently Browsing   0 members

    No registered users viewing this page.