Post by
beancounter11 on Jan 20, 2022 11:24am
stock options
The stock price being so low and no buyback in palce is management just going to issue a bunch of more options so they can dilute us even more and get even more richer??
I hope they don't but It sure feels like that is the next step they will take since they have done nothing to increase price (ie no buyback, etc). Even if they announced a buyback and didn't act on it that would at least help stop the free fall.
Comment by
besttobe on Jan 20, 2022 11:31am
This is the time of year they exercise their RSU rights and the company holds back shares to sell on the open market to pay the tax benefit portion. The shorts are well aware of this and are now shorting in anticipation of this. IMO Why some here continue to hold this dud, is beyond me. GLTA
Comment by
ValueCat on Jan 20, 2022 12:57pm
why would company need to "sell shares on the open market" , if that's even how it works. company has plenty of cash.
Comment by
lscfa on Jan 20, 2022 9:39pm
Overpaid CEO..... https://www.sec.gov/Archives/edgar/data/0001729149/000172914922000010/xslF345X03/wf-form4_164271789370657.xml
Comment by
besttobe on Jan 21, 2022 8:45am
Like I said. The shorts are always one step ahead of you guys. GLTA