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Re: geoscience2 post# 4227

Friday, 07/18/2008 10:06:12 AM

Friday, July 18, 2008 10:06:12 AM

Post# of 7284
re: "cashless option exercises"

There's certainly no way to know without asking TC himself , but I would guess he may have learned from his January mistake , wherein he may have told his broker to get a third of them sold and didn't specify a price. Thus the big drop which perhaps spoke to a 'market sell' order being placed , rather than a 'limit sell' order.

Having learned , he may well have converted more options at a more leisurely pace between January and June , easily getting $6'ish and a bit higher for his shares.

And ... he may have even remembered the typical pre-Russell run-ups of past years (all he would have had to do was read this board lol) and converted/sold into that run. There was certainly enough volume at that time , and he could have gotten much more than he got in his first ill-fated dump.

He could be done by now.

Unless he has reason to believe there is a shiny black top-hat hat somewhere which is going to be rabbit-less between now and 8/22 .... he certainly SHOULD be done by now.

JMO

jonesie

Yorkville / Cornell Tracking Board #board-9964


"I can think of no more valuable commodity than information"

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