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North American Gem Inc V.NAG



TSXV:NAG - Post by User

Comment by actionplanneron May 26, 2010 3:52pm
395 Views
Post# 17133545

RE: RE: RE: news on Solitaire

RE: RE: RE: news on SolitaireLucci, I fully agree with you , I think NAG has a great future, but in regards to the options, I think the security commission should step in and put a halt to that nonsense with every company on the exchange. There should be a formula that each company must follow , for example if the sp on a stock has traded for an average of .20 over a 100 day span then the company can not issue themselves an option for anything less than 10% above that average , in this case it would be .22 minimum . As  I said that is just an example , and the formula could be tweaked a bit. I think it is only human nature to get as much bang for your buck , so in reality you can't really blame the CEOs for bilking the system. in spite of what I think of most CEOs.. lol  At least if the commission enacted some sort of formula , that would put a stop to the CEOs and such milking every shareholder. Then we would see stocks rise for the benefit of all stakeholders...Also cut off the short selling.
JMHO
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