My problem with this move by the company is that the benefits have not been clearly explained in layman's terms and I admit I don't fully understand why this CR was necessary.
That said, it does not seem to be such a bad thing.
#1 It is not a huge CR #2 Everybody gets a chance to buy in #3 Although I don't fully understand why there is a requirement for the CR, it does not mean it is not the right thing to do.
If I really wanted to, I could sell a few of my MOY shares today at 38c-39c and buy most of them back again at 32c in the future (via the CR). But I am not going to as I am a long term investor. I will keep my current shares, I will sign up for as many as I can as part of the CR.
MOY Price at posting:
38.5¢ Sentiment: Buy Disclosure: Held
