Atlas Salt Inc V.SALT

Boom Baby AWESOME !!!!

[Highprob]

I cannot recall the last time I saw options priced higher than share price they could have issued them at $1.6 based on yesterdays close and they selected $2.35

Think about  a buyout these guys win HUGE

[nedstar71]

What? You can't recall the last time you saw options priced higher than the share price? I've never not seen them priced higher. Thats the entire point. Please show me a company that gave it's management options lower than where the share pice was trading at the time.

[Highprob]

ok buddy as pointed out below it is an anomaly https://www.investopedia.com/terms/s/spring_loading.asp and either you are trying to mislead or are new to this 99% of the time oprtions are issued lower and they could have issued them 20% lower than yesterdays close as per exchange policy

[nedstar71]

I'm misleading or new to this? Huh? I asked you to show me one decent example of a company issuing options to management at less than the current share price. Should be pretty easy considering you can't recall the last time you saw them higher no? In reality you are either confused or.....? Cmon, just one TSX listed company in the past year that issued options lower than the current share

[nedstar71]

And btw that investopedia article you links has zero to do with the pricing of options. If you don't know what you're talking about that's fine, just don't pretend that you do. Surely if 99% of the time options are granted at prices lower than the current trading price you should be able to come up with numerous examples without even trying. No? Didn't think so. Lol.

[Highprob]

so Ned I see you like to try to time trading $SALT and may have been caught out of the loop this time, they could have priced them at 20% lower than yesterdays close but went  higher I see you trade some gems thanks for the input bathroom break billionaire 

[nedstar71]

Couldn't find any eh? Didn't think so. As I said its fine to not know what you're talking about, just don't pretend that you do. Options are always issued close to or above the current share price with legitimate companies. I figured everyone would know that. Only a complete moron woud think executives would ok giving themselves in the money options at a large discount to the

[Highprob]

Ned look at your acct on the year and you see you are down, this is a fact  you are not successful at this and that is also a fact and pricing the options 30 cents above the previous days close is an anomaly show an example of another co doing this 

[nedstar71]

But what about the 99% of companies that issue options lower than the share price? Still can't find any? Of course not. Sorry I don't jump thru hoops for someone who clearly has no idea what they're talking about and is dumb as a post. As for me being down, maybe a little, but certainly not on this one. I bought my core position at $1.30 Judging by your stocks since being on stockhouse

[nedstar71]

BTW, aside from the similarities in posting style and utter stupidity, I had a look at special ed's posting history and low and behold I was right, by sheer coincidence it's all the same train wreck stocks as HighProb's !  MVMD, EXRO, NBM, AUN etc.  Too funny!  Have to wonder how many other aliases this idiot has created.