I'd be interested to know about any conversations between management and the top option holders. If there have been phone calls to holders who post here about their intentions, then I'd dare say there have been talks between the top and EXR.
NY seems quite confident of getting maximum value out of options and cash in the bank. Of course he would be mad not to be, but I'd like to hope that he has a fair idea of top 20 option holders intentions. May be a case of if you can show us this..we will excersised.. I don't know.
I also hope RC converts as many as possible although it's easy for me to tell someone else what to do with thier money, and I also didn't buy any options myself so some could say I didn't have the balls. Either way, I took as much financial risk as I could afford with my holdings anyway.
If we get 40-50% options conversions, I would be quite happy still and it would not be bad in my eyes.
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