RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Eric Martel Sells 65,807 Shares of Bombardier, Inc. Class BHi Club.
Do you mean EM
sold 65,807 shares, in order to convert 146,674 options into that many shares??? Just wanted some clarity.
Looking at the last 2 sentences of your post that are actually saying, that sold 146K shares, to get 146K shares. It's a little confusing that's all. Do you mind clarifying please? I apreciate the explanation.
clubhouse19 wrote: You don't sell options. You exercise options or convert options to shares from the companyu.
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If you already have shares that are higher at market value than your options,exercise price you would be a fool not to sell those sheres at 50.00 tol buy them back at 11.50 as he did.
Check out the numbers on sedi. don't belive whatever that nosedigger tries to sell you as he constantly does this telling only half the story.
He sold 146, 674 shres to convert 146, 674 option into that many shares,
So now he has the same number of shares but pocketed 1, 686, 751 in gains.
That's what getting options are all about.