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Re: malvern post# 10802

Friday, 09/12/2014 10:18:06 PM

Friday, September 12, 2014 10:18:06 PM

Post# of 32302
No offense, Malvern, as I am a LT bull here but the fact that a company has issued options at a strike price of $X.XX means nothing.

Many times a SP can fall below a strike price and they just expire unexercised/worthless as it makes more sense to buy the common than exercise a worthless option.

However in our case I do believe that $1.66 may represent a present enterprise valuation that is favorable for investment knowing where we are headed over the next few years.

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