strong and stable, page-3

  1. 15,276 Posts.
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    The Company suffered delays in the product supply chain...

    But they only told the market after the event...in the quarterly by memory?

    This delay resulted in a set-back of timelines...so when people were buying shares (and options) prior to the quarterly (based on Company guidance), they were actually doing so unaware of the current situtation.

    Not a problem for buyers of heads...they just have to wait a bit longer...but terminal for buyers of short-dated options.

    Given their actions, the Company should do the right thing and offer recently expired option-holders replacement options...just as GTE did recently for their expired options...and other companies have done in the past when timelines are effected by various events.

    In case you were wondering...Yes, I was holding a swag of their 4c options.

    Cheers!
 
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