SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Madison Enterprise, MNP/VSE

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Claude Cormier who wrote (251)4/25/2001 8:13:25 PM
From: baystock  Read Replies (1) of 285
 
We are now seeing the down side of paying some portion of the employee salaries in stock. Unless the stock issued is restricted so that it can't be sold for a certain period of say 12-18 months, it will come on to the market if as would be expected these employees really needed the cash instead. Since they are getting their stock at a discount to the market price, they can afford to sell aggressively, thus unwittingly driving the stock lower and lower when there are few buyers around. Whereas other juniors seem to have bottomed, this one is still looking for one. Who knows how low it will go...
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext