Dont want to be personal on this, but mf160, do you hold shares in this stock?
The reason I ask... you have mentioned this Fear Factor about a falling price due to liquidation so that insiders can exercise options at a cheaper price many many times in past posts, and I mean no offense but there is no logic to what you are suggesting. There is no where for the price to go, it is already low, back to .40 or .50 cents so what, makes no real difference, good luck getting your stock back on an up tick in the future because this thing can fly to over $1 in an instant, so to sell any sort of position even one to exercise options is still a money loser either way you look at it, because even if they sell shares to exercise options, which for all we know those options have already been exercised it makes no sense to sell at these prices. There are more than enough shares out there that if people wanted to sell they would be selling and if selling continued to the scope that you are suggesting then everyone will get a nice kick at the can to buy shares at below $.40 again, perhaps that is what you are hoping for. I think your conspiracy theory is way off center. There is no way Mike has released news just to get the price up for options to be exercised, all of the recent news is the state of the business and it is fact based in my opinion. You can wait till Nov. if you want, but you may be paying $2 a share, good luck. |
