" a new conspiracy is that Magna is playing the game to keep...

" a new conspiracy is that Magna is playing the game to keep their takeover offer real. My guess is that they want a 15 cents or less offer, so that will take out all of those options, which currently provide a buffer."

" the common sense approach is to wipe out option values. anything over 15c costs a lot of money. just basic common sense. Knowing the history of performance and astuteness of Mike Watts of Magna, a man you would be foolish to disrespect,"

B/H in saying Magna are playing the game are you suggesting that they are on market sellers manipulating the price in order to effectively eliminate any options value value ? I don`t think so. Magna as a substantial shareholder must disclose any movement in their holdings to the market immediately and I haven`t seen that.