GREY:MAAFF - Post by User
Comment by
cjsellon May 04, 2009 5:16pm
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Post# 15965719
RE: RE: More options
RE: RE: More optionsYou bet, ticked off....more options were granted at .24 lately. I sure don't want to qualify your math skills but MAA is down 85% from $3.00 so, no yippies from me just because MAA is at .44 Sure, for those investors that bought at .18 they are in a good position. For disclosure I averaged way down, and bought a ton at .18, so I am fine now. Others are not so fortunate. My point is MAA has to start delivering on their plan, if they want to give options out, pay for performance, as it seems only the janitorial staff did not get 300,000 options at .24
My concern is that every Tom, Richard and Harry will make out big time (read investment community) Last year the options were at .80 now .24. What does this tell you? I want to see the minimum dilution and not give the store away in the process, but every investment house/lawyer/broker/ involved will make out BIG time. In my opinion stockholders who bought last year are the ones who should be getting options at .24! .44 is in the right direction but I will take a buck now!
CJ