Post by
sbman on Aug 20, 2007 4:07pm
Option timing
Shares have been in a trading range of 45-60 cents for months. In the last few days in the market sell-off they dip under 40 THEN management awards themselves at the money options. Coincidence? You decide.
Comment by
Flintstock on Aug 20, 2007 4:28pm
Optics not very good. This mangagement is not unlike most others. Their interests take priority over those of retail investors. The fact that we are paying the bills and that stock dilution is not going to help the s.p. is inconsequential when personal gain is at stake.
Comment by
bryancj on Aug 20, 2007 4:58pm
What is the basis of the options under the plan. Is it a bonus award or what. Usually these are issued to reward good performance At the end of the year.