GSAT - Split and Move to NASDAQ Monday at Close

8 ก.พ.

I closed all my options except some short dated cheap OTM calls and puts in lots of 15 to hold as standard options post split, more as a lotto and protection for shares. I exercised all the 0.5c calls, the profit wasn't that high and it brought my average price down quite a bit.

I have no idea how its going to move post split. Sized for sideways or down. If it does drop farther I'll add after it stabilizes. Long play for me.

10 ก.พ.

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Looks like GSAT might be targeting approx $22-25 post split based on orders in Bookmap of 1.47 and 1.71. Multiply by 15 for the split ratio.