Excellent summary/opinion of the CEO's purchase
This was copied from another message board:
Re: Kuslima buys 250,000
The CEO of ACEL exercising 250,000 options at $2.18 on this past Wednesday 3-5-08 is absolutely fantastic bullish news!!!
She spent over $500,000 of her own money to exercise these shares at $2.18! This is currently the actual share price in the public market!!! This is absolutely the equivilant of buying 250,000 shares in the current public market!
This past Wednesday 3-5-08 was the first day that her options were exerciseable! They did not expire for 10 years from that date! She could have waited 10 years to exercise these options ... when the stock price is much higher sometime out in time! She did not wait ... she exercised the options right now at current market prices! This is a huge and BOLD STATEMENT OF CONFIDENCE! Virtually 100% of the time ... options are exercised only when they are at a deep discount to the current stock price ... and a big profit already exists in the difference betwee the two prices!
She knew that her huge purchase would be publicly reported ... and she did it! She spent over $500,000 of her own money to Exercise options ( Buy ACEL stock ) at the curret market price!!! What a bold and surprising and dramatic statement of confidence that ACEL's stock price will be much higher in the days to come!!!
This is the absolutely best and clear and unambiguous news that I have seen for ACEL's share price prospects in the days to come!!!
I am buying more ACEL stock on Monday!!!
What a great way to enter the weekend!
Wishing a great and relaxing weekend to all. Enjoy the dramatic news that the CEO has given to all ACEL longs ... through her bold act of confidence!!!
