Re: Sametz?

Welcome to the Connacher Oil and Gas Hub on AGORACOM

Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

Reply New Message

Prev Message Back To Forum Threaded View Next Message

MarlboroDog

Rank: President [?]

Points: 8184 [?]

Votes: 131 Score: 3.9 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: Sametz?

in response to

Sametz?

BKM8572

posted on Apr 11, 2010 12:59PM

It would be interesting to see the rules surrounding the options.

If they could be re-sold immediately, then they should have been exercised and then sold into the market. Even if he didn't "have the money" to invest in the options, if he was planning to flip them immediately he could have made it work.

However, if there was a hold attached to the options, maybe he just didn't have the cash to exercise them.

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Please to post a reply