it appears some one is capping price between 13.5 and 14.5...why?
this is the million dollar question..
looks like they are mopping up options, at these levels
why???
better value...they must be confident to accumulate the options so close to expiry>>>why?
to me it does not make sense logically , why company directors would hold a such a large stake in KSXOA options, if it was not going to be well and truely in the money. and at these levels if i was in their position, if came june 30 and sp was just barely at 13.5 or 14 i would not be putting my personal wealth being about $1.1 million in a company that has no earnings and nothing is coming to frution.
so, do you get the picture..??????i know its difficult to accept at face value.. but u think about it urself, if you were the director r u going to pump money to into your company knowing its not going to perform?,,,and theese guys have held onto these options for so long
we have had no announcements to show they have exited from them.................so you be the judge..........
dyor
KSX Price at posting:
0.0¢ Sentiment: None Disclosure: Held