A restructuring could take place by the #$%$ #$%$ board to approve the granting of fresh " in the money " options or maybe they're going to spin off a division and issue new shares and new options for Sir RichyR & co. Sure us little shlebs will get shares but would you have faith that they would go up over time? Merry Christmas to all members of the board and to all of RichyR's top br#$%$! Oh and Merry Christmas to Goldman that probably invented Form 4's decades back!
Don't discount the possibility of Ricci and his Board Members, including Icahn Jr & co.. issuing new options to replace all those that are in the craper for good. If this is the case then we should bolt once and for all.
Now what about the issue of stock options going forward? What about the attempt by RichyR to resurrect all those worthless options that just expired by creating new ones at ridiculous prices? Expect this to be a major topic at the Boards next meeting. The chances are Icahn will shoot this down with what has to be help from other major shareholders. Over 10% of ( the gross?) goes towards expensing these frivolous, ridiculous, and ludicrous stock options! FORM 4'S should be abolished from the universe!
The CI deal remains confusing to me as CI gets a handful of free shares and takes over for WP in a planned RichyR and Goldman move. Yet on the other hand ( despite some thinking CI is a thief and #$%$), Icahn detests the kind of management and action Nuance has provided. Yep, should be interesting. So are we screwed if this becomes a non event?
Mr Richy Ricci- " Katherine just make sure all those Form 4's comply with SEC law. Now are you sure there are no other shares we can dispense of right now? Please go over it again and I really don't care how long it takes. Just submit to accounting as many hours as you wish to take care of matters. Don't worry, I''ll approve it.
Mrs Katherine Martin- " Thanks Paul. I think I found a loop hole and we can cash in some new found shares but it will have to be for the next quarter. Don't worry, though, this won't effect next quarters Form 4 allotment.
Mr Richy Ricci- " Oh Kat, you deserve every free share you get! What a wonderful holiday season! "
Class welcome to Icahn Logic 101. Let's review the handout in front of you. Mr Icahn and co. bought into Nuance to the point where he became the largest company shareholder slightly under 20%. During the accumulation period do you think Mr Icahn had numerous discussions with current management since he was given free shares totaling 60 thousand vested over several years plus 2 board seats making Mr Icahn a company insider? Now I ask you class, why would Mr Icahn sell after a disastrous quarter or why would he of bought into Nuance knowing full well the quarter and beyond were not looking good based on his management discussions before the earnings were released? Ok, you there in the front row...
Why did they announce earnings the quarter before at the stroke of midnight?! Ok, I'm coming around to realizing that after being in this stock for more than a decade that I've been had!
Has RichyR insulated himself from being " canned"? He masterfully bribed CI with free shares and bs to keep him quite until early 2015 correct?
Yesterday, I e-mailed her and tried to post the content and her address for other disgruntled longs. Yahoo wouldn't post it so I did it again about 20 minutes ago to no avail. I first called her up and got someone in her office that gave me what was the 5th degree so I opted to e-mail her with the title being Nuance's Form 4's and 8K's, hoping it might get her attention. I left her my phone number realizing though I have a better chance in having dinner with the Pope!
I've been trying to post about my correspondence to Board Member and Nuance's legal Council representative Katharine Martin but Yahoo won't post it. This is a test.
To garner some kind of optimism i checked Netflix's insider selling around the time their world was coming to an end in Nov-Dec 2011 with the stock trading in the high 60's. There was some insider selling then. Dumb SOB's!
Ahh the pain of last winters earnings surprise still resinates through out my body! 24 and change call it $25 only to crater to 20 after hours. ohhh how much can the ol ticker handle!