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Re: zipjet post# 156418

Monday, 02/04/2013 7:07:24 PM

Monday, February 04, 2013 7:07:24 PM

Post# of 257259

A belief that the stock had bottomed would, IMO, constitute incentive to exercise and hold.

That’s true for stock options in general, of course. What I was trying to say in my prior post (but evidently did badly) was that there is no company-specific incentive for MNTA directors to convert their options into shares prior to the deadline for owning a nominal number of actual shares.

“The efficient-market hypothesis may be
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