Why would you celebrate with a cigar for converting options which are only just in the money? Isn't that the same as buying the underlying? I never traded options. Also, no conversion means lost money for the co but they have earnings already, and would the conversions not have caused a sell off? Instead, a stable price now by the looks of it. Very different trading today.
Why would you celebrate with a cigar for converting options...
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Mkt cap ! $7.747M | |||
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