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.
Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG) -- Ignore unavailable to you. Want to Upgrade?


To: cicak who wrote (27463)5/6/1999 7:14:00 AM
From: Craig Goodstadt  Read Replies (3) | Respond to of 44908
 
Employee Options.......

I'm very curious if the options were to expire. If they weren't set to expire, then we have a very very clear explanation why the stock is at the level that we are now.

If they were set to expire now, then I have no explanation...BUT IF..
they were not set to expire, it would be clear that these employees wanted some extra cash....converted their options and immediately proceeded to sell their stock and gained a few pennies.

Concerning options, if they were not set to expire, it would make absolutely no sense to convert them if you weren't going to sell them immediately (assuming no expiration date in the near future). I can certainly understand this course of events. If this is the case, and looking at the trading over the past few days I would venture a guess it is, I would expect the selling to end very soon and a stock movement to the upside would be evident on the next high volume day. I would expect this 1.5+ mil shares or so to be nearly converted and sold off on that 2+ mil day along with the past few days trading.

Just my opinion....