RE: Ahhhhhhhhhh
posted on
Apr 17, 2006 04:20PM
Some of you guys don`t understand options. An option is simply the right to buy a stock at a preset price. Today`s action had nothing to do with Pohl exercising his options. It is a mildly bullish signal that he did so. Recall that LG sold many of his shares at a low level and conventional wisdom would have held that bearish. It was not. Pohl is giving PTSC his vote of confidence before the SHM. What would have helped far more would be for Pohl to say that PTSC is underpriced and the company would start to purchase shares in the open market from time to time. On the other hand, it helps PTSC to be able to redeem S&L warrants at these low prices. S&L would benefit from the pps being as high as possible. I believe today and Friday is all about panicky small investors.