Post by
Malton1 on Aug 22, 2021 9:11am
Selling pressure...
At some point the selling of shares to pay for options is going to stop. Not sure how many employees are eligible but I bet it is the majority. Great way for the company to pick up some cash. Not worried about day to day fluctuations... really quite meaningless. Spring 2022 we will all look a lot different!!!!!
Comment by
Whampoa on Aug 22, 2021 11:08am
So far only two insiders have done as you say. One just maintained total portfolio holdings. The others who have exchanged options for shares with their own earnings and increasing their total portfolio holdings. Thus showing confidence in Marwayne. I thinks insiders are done with this batch of Aug 31 options. Will monitor next week.
Comment by
Malton1 on Aug 22, 2021 3:11pm
Oh I agree insiders are probably done but there are a lot of non insider employees who should also be able to get these options as well. Sell at .30 and buy twice as much at .15. Great deal!!