Options price
posted on
Aug 18, 2014 09:30AM
Back from a few weeks vacation in Europe and just catching up. I am witnessing the same tone after every AGM and special meeting only for folks to be disappointed later on when things don't materialize when expected. I don't know why everyone here is so upbeat.
We fell below $1??? WHY with all the postive developments. We were $2 a few weeks before I went on vacation. All this is a result of sabotaging the momentum that was generated in recent months to allow the SP to get severely depressed in order to issue cheap options. Why does no one here question the actions of management and Sheldon? How can people be content with these kind of actions? Please don't tell me management had nothing to do with it and it was all "manipulation" by market makers. I can't believe more people aren't seeing through this and we are all suffering as a result. Is it a conincidence that the SP fell over 50% in a short time period when option prices were to be set. This is acceptable behaviour to those here?? I have never seen a tech company issue so many options year after year to the same individuals. For the companies I've worked for and talking to people I know in this industry, the norm is receiving options as part of a compensation package when you join the company. Its not a yearly reward. Whats worse is over a 50% drop was orchestrated to set these options at a price many of us never expected to see again. I am sorry but this is not looking out for shareholders interests.
Sorry but a little bit frustrated after seeing what has transpired since i was gone, and everyone happy as usual about where we are at considering the company was to be originally sold last year, and prototypes completed in June, etc. etc..