2nd appdx 3b in 48 hours! somethings up, page-5

this discussion has been had before...please explain the logic of converting options long before the expiry date if you think the sp is going to go up between now and the expiry date?

the only logical explanation for converting is that you think the sp is going to go down so you want to convert your oppies to shares and cash out before the sp goes down.

something could well be up...Hanlong withdrawing their offer which would cause the sp to crash, definitely a good reason to cash in your oppies now before that happens