RE: Nice DUMP!!!Wow...that is a candidate for the dumbest statement / post of the year...wow. Dude, buy a book, get a lesson, something...anything, wow. Just don't post if you have no clue...please look up vesting and trading options in the "trading for dummies" book on your shelf. Question - does the 1- 3 month chart show a down indicator??? Right, so not ALL indicators point down.
For everyone else here, Options may or may not have to be purchased and sold within the same day. It depends on each scenario / circumstance. dweiserwon here probably did not check this out, nor have I so I will not speculate.
Where the share price was at the time of issue was probably in the 18-20 cent range. If the options expire with a lower strike price than the issued price, you get nada if you need to vest your options and sell the same day... This is traditionally done in companies to keep managements eye on the ball. NAG management did not crush NAG, the markets did, and hopefully when things recover, we come out as strong as ever.
A few points to consider:
In a recession, you get the best deals in town for all services, very competitive, now is the time when cash rich smart companies move on high impact projects. It is a bit unfortunate that NAG's balance sheet isn't very strong, so we will need to coat tail and do small things until they can get thier share price "back" up to a reasonable level.
Remember one thing. NAG traded for a long time in the 20's last year, plus a spike. Nothing fundamentally has changed, just the markets, so why would this not return to these levels as the markets recover...If NAG goes broke, so will a lot of other companies as well. Patience.
dw, don't even bother, I won't be listening to any more of your rubbish.