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.
Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Brinks who wrote (24695)8/23/2006 10:54:31 PM
From: valueminded  Respond to of 78573
 
Brinks:

Maybe short interest is due to the possibility of "backdating of options". The following is quoted from Rocky Mountain News:

"In a June investigation, the Rocky Mountain News found that in four of the past eight years, when Delta Petroleum granted stock options to its top executives it issued them with an exercise price equal to the stock's 52-week low"

Low and behold, stock options just happened to be awarded at the 52 week low 4 of the past 8 years - . This sure instills my confidence in this management team.