Colonnade, that makes 3 of us, (Fran---, you and me) and god only knows how many others, are in the same boat - facing exercise costs that we can't afford on today's sp. Any wonder some are opting to take their profit now on the options and may be buying heads instead.
Personally, I've disposed of a couple of non performing stocks, as well as 20K of CGMO (I actually did it to see if our 16 cent mate would come back in and buy them - he wasn't in the market at the time having just had the previous order filled - and 20K wasn't a material number in any case - I've still got more than enough options - to get some liquidity to buy heads as insurance.
Having been with CGM this long I don't want to miss out when they take off, even (heaven forbid) if that is after December 31.
CGM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
