RE:RE:RE:Massive Exercise of Options
Thanks for the 'lesson' on Sedar. I apologize that my flippant comment was taken so seriously. Please refer to the CHW 2013 Financial Annual Report.. I direct you to heading #27. Can 'someone' explain what part of the compensation report hints to the urgency for which Mr Shafran exercised his 'options' and immediacy of the market sale? Viewing the short report posted on another reply, I don't see how those outstanding short positions cover the size of trade numbers or explain the recent price dump. Of course...'someone' has to be buying but the more critical question is... 'why' so much is being sold at steadily depressed values and in volumes that far exceed short positions or evidence? Based on what I can gleen from the Annual Report, other than a slighly disproportionate increase in Liabilities there is little that would explain the present. Anyone see anything else? Please refer to the link below for info on CHW option compensation and for the 2013 Financial report. With todays market activity and drop in price,
I too have gone from concern to incredulity! I can't wait for the next quarter report and guidance! (read...facetious) For those buying, I learned the hard way years ago that averaging down can produce a whole lot of pain when one doesn't know the 'real' reason behind the price change.
https://www.sedar.com/GetFile.do?lang=EN&docClass=5&issuerNo=00030998&fileName=/csfsprod/data149/filings/02175338/00000001/g%3A\SEDAR\Chesswood_Group\2014\Annuals\AFS.pdf