No need to use hyperbole to argue that the compensation is too high. I agree with that. But, these options are not the problem. If you were here when the share price was $4, you wouldn't be complaining about those options. The ride up was fun for everyone.
Don't be ignorant. The $4 options were issued when the stock was trading at $4.
but there hasn't been a peep out of FLL on this subject. Try MCRI, they have already invested in the technology.
Bump....going to overshoot and then settle back to $30 until the next earning announcement. If all goes well, then $40...then it will be time to bail.
The share price has nothing to do with BK. They are not even close to BK as they have no problem servicing their debt. Delisting, however, is quite possible.
"We are not disclosing that" is as straight forward as they come. When you are negotiating with clients, you never tell them your cost. Stupid post, and you are lying about your position.
"save"? Who said they need saving? They could sit on their #$%$ for the next 2 years without needing to be saved.
wow! I said it doesn't take $6M to get registered with Deleware. BTW, they don't have agencies. So, no, they don't need an office, and don't have one, in Deleware. You should learn the difference between an insurance agencies and and an insurance company. You are the one who said the money was spent on exapansion. The company didn't. I have no idea where you are coming from. Additionally, I have held stock in this company since 2005. So, I am trying to warn you not to get too excited about the expansion into other states. Sometime back then, they announced their first expansion, to 5 other states. I am still waiting for the growth in policies. Sean has done a good job of fixing several things Meirs was bad at. If he would stop issuing options, we would have been at $20 a long time ago.
I disagree. 30% is way too low. What do they need the cash for? They have never made an acquisition. Expanding to other states does not require much cash. I expect there to be a huge special divy at the end of the year.
I am long, but you are going to be disappointed waiting for expansion. Go to their website and look at the press releases going all the way back to 2008. They have been expanding into other states since before then, and they still have less than 10% of their policies outside of FLA.
I have several questions. What makes you think that $6M was spent on "expansion"? What the hell did they get for $6M? This is an insurance company. There are no capital expenses. It doesn't take $6M to file some forms with Delaware. I doubt that is where the money went. BTW, for all of you newbies touting expansion, they have been expanding to other states for nearly 10 years, with only a modest increase in policies. Are they in HI? I remember years ago that they planned to expand there...2 hurricanes comin'
That is not true. It has nothing to do with options. Automatic sales are sales that are made as part of a plan (i.e. contract). This is done to avoid accusations of insider trading.
What is your take on the leaked photos showing the next Galaxy using the Samsung integrated part? Can SIMO get into every Galaxy sold?
This sure sounds like they jumped to respond to Marvell's press release earlier today. Anybody here competent to give us a comparison between SIMO and MRVL's SDD products announced today?
You don't understand options. The $8 calls were NOT exercised. Most brokerages do not automatically exercise in-the-money options unless they are worth at least .05. The $8 calls were worth .001/sh. The fee to exercise the options is higher than the fee to simply purchase shares. Additionally, you fail to realize that when the price ran up Friday, it reduced the value of PUT options. $8 was "max pain" because it caused the most pain to the combined call and puts, not just calls.