All who pass by listen to my tale of EXE oppie woe!
And render any advice that may be helpful [helpful....did you get that?]
Twice I've stung now [starting to resemble definition of insanity].
Any way, any thoughts on what might be the best option [yuk yuk] for those of us who hold oppies?
I could convert, but there are two risks here.
1. EXE never does any good...the end, and more immediately 2. the 10c conversion is rapidly followed by a dive in the price of the fullies.
To convert all the oppies I have would take all my capital which is simply not sustainable - better to let lapse may be and buy a few fullies now may be?
The other risk is of course - and this is the second time EXE has done this - don't exercise and within weeks good news comes and finally the price heads north.
Mind you have if that did happen pretty soon, I would have some very dark thoughts on a number of fronts of which I'm sure you could all hazard a reasonably accurate guess [no tech chart required].
This wouldn't be much of an issue if I didn't think that something will eventually come of this in the the grand scheme of things.
Again not happy how management has played this.
EXE Price at posting:
9.2¢ Sentiment: Hold Disclosure: Held