Yes I guess that could be the case but if PC were to "dump" shares presumably thru shorting in order to fund his options, he would probably do himself more harm than good?
Thoughts on the following:
- In some cases, volume precedes price, could this be an indication that a party wants a chunk in advance of news and they're establishing a price understanding that every penny on the bid represents about $10K to the buyer and;
- If there is news coming, is management sending the "longs" an olive branch by timing the release of news to a date beyond the expiry of options so as to avoid further dilution and;
- If this is the case, the bid may make a move before close today or early next week before as potential news release
I think it is agreed that there is the potential for an inflow of funds at sometime in the foreseeable future, this may be that time.............or not!!!!
