GDN golden state resources limited

exercise of options announcement, page-7

  1. 2,086 Posts.
    Seals....

    Fair point....but you are assuming with that statement that the director bought those options on-market....wouldn't think too many options held by directors in any company were ever paid for....it wouldn't be losing money when you never paid for them to begin with.

    Another scenario that could also be plausible is that that he doubts the future of the company, so by selling himself short by 6-7 cents per share now, it could be far more beneficial than if bad news was imminent and the options became worthless.

    Comments??
 
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