GSAT - Split and Move to NASDAQ Monday at Close for AMEX:GSAT by Brohma

GSAT - Split and Move to NASDAQ Monday at Close

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.

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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.

Brohma

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