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Black Diamond, Inc. Message Board

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  • bob_afet bob_afet Jun 1, 2010 9:09 AM Flag

    Will we see another post weekend surprise from Kanders

    stock moves today on this news but will have a major correction (up or down) once we all figure out what exactly we own on June 4th

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    • Bob:

      I agree with you. The investment community will want to see the financial data before committing significant money into BDE.

      Personally, I am comforted by the fact that Kanders will now own even more stock at a higher cost basis. Sooner or later he will have to have an exit plan in effect to make some money on this large stock holding. He has only about 2 years left before well over a million shares stock options expire at levels of 7.50, then 10 and up to 15.

 
BDE
9.39-0.07(-0.74%)May 27 4:00 PMEDT