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Pastimes : Zenyatta Free Speech Board -- Ignore unavailable to you. Want to Upgrade?

To: LearntoTrade who wrote (22026)	4/22/2018 8:51:45 AM
From: GrumpyGus	3 Recommendations Recommended By Gilmar1 hoperrs youngun Read Replies (1) \| Respond to of 22811

I don't know why you call it an options dump. CCB needs cash, and none of us want to see a pp in single digits, if avoidable. They exercised their in-the-money options and got the company some needed cash. I'm all for that. They also stopped taking salary to preserve cash. I don't know what else could be done. Compare that to ZEN. They are in a similar situation wrt needing cash. AE has continued to take his salary, and made arrangements to get even more. He also had a chance to exercise in the money options, but declined, despite the company's running short on funds. Seems to me one company's management is doing what they can to get through a tough stretch, while the other's doesn't give a damn. Whether things work out for CCB or not, I can't fault how management has reacted to the situation. If you want to talk about events leading up to where we find ourselves, that might be different. But for how they're handling things right now, good on them.