Post by
tulsatea on Aug 02, 2013 11:20pm
Dilution
I think the market is scared that Becker is going to recklessly issue millions of low-priced options and dilute the stock even further. That has been his modus operandi in the past.
After the stock of PRY has lost millions of dollars for investors, the issuance of millions of options would be the last straw.
Management would lose all crediblity and the stock would take a huge hit.
I think questionable actions by Management is the reason why some instituional investors do not like this company.
Comment by
terroir on Aug 05, 2013 9:09pm
Balderdash! Management has been excellent, and if anyone can get thiscompany through this tough play, it is Becker and gang. Options are a form of remuneration. Let it go. Terr
Comment by
bobby1231 on Aug 08, 2013 6:34pm
Management has been excellent? are you kidding me when was the last update? tell us what is going on with operations is waterflood working? are they drilling? Sitting close to a 52 week low