market update, page-9

re: go get 'em nms!!! Mookie ... no specific reason in the NMS situation really. It's just how its turned out. However, the current sp well and truly holds enough leverage for me at this/earlier levels, so I am not that concerned about adding any more leverage.

Although not necessarily relevant to NMS at the moment, I (usually) prefer to hold stock as opposed to options as a general rule. I find that holding stock provides unseen (longer term) added benefits that options don't usually give eg: unexpected bonus issues, cap. returns, discount/first preference on issues, no expiry date, etc ... (oh ... and occasionally some return from liquidators on windups ;-) LOL) Directors usually come up with ways to reward the loyalty of their long term shareholders in the end (which usually includes themselves). Most of these on-the-spot "reward" schemes that aren't available to option holders.

Also, in the case of NMS, there's usually not a lot of options on offer, since it only takes a handful of dollars to equalize the option price with the share. This being the case, I may as well just buy the shares.

(In general, buying a worthwhile chunk of the company any way at all is not not easy. The price STILL hasn't really gotten any cheaper for serious buyers since months ago, despite what the last (small volume) sale price says. Got $50,000-60,000? Let's send the price up 30% tomorrow... that's the reality of how quickly this share will move when the time is right.)