Yes. And S&P did such a wonderful job predicting the course of Fannie and Freddie and the entire housing market in general. Your confidence in S&P predictions is completely understood. Good Luck to All you wizards. Back to the orchards to do some pollinating.
Mtrust - So insightful - As we all know, everybody knows about Buyouts before they occur. Researcher have proven this! Any they are college professors too! So, so silly to think there could be a buyout in CKSW when no one at CLSW is even making a pre-buyout likelihood-announcement or even Tweeting this valuable information. Why just the other day I was thinking that same thing; How can there be a buy out when Dr. BenBassat hasn't even announced the confidential discussions with Siemans or the reasons for the big clump of spring-loaded options. I am telling you the truth when I say that he is going to personally email the treadmill man (VO2Maximus) before any public announcement of the buy out. Thanks for your valuable insight. Good luck to all - except to those idiots who believe that heavenly signs are pointing to a buy out.
Ok. Consider yourself bitten. Another failed attempt at sarcasm; Was hoping you might recognize the humor in paraphrasing the famous lines of the greatest Book of the Ketuvim, You know where God says, "Gird up thy loins like a man; Where were you when I made the world." Of course your not a little girl. Just a bit naive in believing that you really have some say in how Click is managed. It's ok thought, to be naive to the point sarcasm slips by unnoticed - kind of sweet. However, look at the guy how once had trouble locating his testicles (locatedmyballs). He really believes that publicly traded companies operate in some phantasy utopian way and that he as a stock holder is some kind of guiding force. Oh well. I think I've sufficiently addressed literary ignorance and the sweet bliss of naivety.
Too bad we can't all be great mensch that grow apples and finds deep intelligence in almost everyone's opinions.
We'll talk again after the buyout.
Be a man about this not some whinny little girl. Where were you when Dr. BenBassat made the company - when he made his the thousands of ideas and innovations reality! I am for the Dr. BenBassats options! I say give him even more. May he live long and prosper and remain as Chairman and CEO until the inevitable buy out (probably by Sieman's too). Thanks be to God you and your like minded geniuses here are not in charge.
I know you know. Sorry for attempt at sarcastic humor. I think that my prophesies here are worth about the same as those of all the other seers and monday morning quarterbacks; That said, all are worthless including my own. I do believe in my opinions stated above and I do have my own reasons - the point is, I have made a significant 6 figure investment in CKSW based on my beliefs and my faith in Dr. BenBassat's wise leadership and the inevitability of a buy out - the company is too good and too specialized to stand alone much further into the future. So, if you are long, good luck and if not, and sorry about the sarcasm.
Siemans? They came from Deutschland. And now they are all over the world. A few of their best hires came were trained by Dr. BenBasset.
Good for Dr. BenBasset. He deserves all the options granted him. Live long and prosper Dr. BenB.
And stay in there as Chairman and CEO. 68 is not so old. I will take accumulated knowledge and wisdom over youth, inexperience and testosterone driven decisions.
I strongly suspect that Dr. BenBasset knows his decision to avoid a change at the present is predicated on the fact that when the inevitable buy-out comes he is exactly where he should be. Let Sieman's shake up the rooster after the aquisition. I am encouraged by the prospect of a future buyout for many reasons including the fact that there is not going to be a shake up in leadership at present.
One morning you'll just wake up to the news of the buy out and all of a sudden be singing the praises of BenBasset's wisdom.
Have a significant investment in YHOO - OK so with rumors floating around about a HULU bid, I had to evaluate it. Even the new Panasonic 60 vivid plasma can't make HULU's programming look good - that includes the so called premium version - the content just is so weak that no one in the household even bothers to see what new programing have been added. My teenage children went to HULU a few times - found nothing good and they don't go back - it's either NETFLIX or Apple (not not say Apple programming is so good either - but much better than HULU. A billion plus for this company is just plain studied - part of a bubble leading companies like YAHOO up into the stratosphere chasing an illusion. If HULU is purchased, I am out.
Squeezes X2 by permanently removing pool of short-eligible shares. 6 figure investment now in SEP. Always fun to watch the squeeze and almost smell the fear and panic.
Comments by Moshe were very positive strongly restating the prior guidance for the total year. Also, the dividend was declared - another sign of confidence. References were made to new business and to the developing strength of the mobile platform. He is beginning to see improvement in Europe and will be seeking new business in Russia. Job positions are now mostly filled. I saw all this as very positive. How the stock price will react is anybody's guess - that's the nature of the beast.
How mentioned conspiracy? Not I. Anyway, if you read the post describing the actual history of events 10 years ago you may notice that then clicks price had fallen and the options were way out of range (the stock was .45 and the options were about 5.00) - so the options were re-written for strick at I think about 2 - all duly voted on by the board and filed as required with the SEC. When the first quarterly profit was reported the CKSW was sent from less than .50 to strike price in a day. - This is practice - anticipating good news by lowering the strike price is not uncommon - following the required sec filings can be a positive indicator as my own prospective and retrospective studies have show and evidences by substantial profit to my own accounts as cksw shot up 10 years ago on the news of the first posiive quarter.
And finally, I don't mind your critique and the mad conspirators theorist thing, but at least actually read and understand the post. Difficult subject I know - but glib response has little to do with what I said.
That's exactly the situation I describe - 10 years ago after much enthusiasm and high ops, clicked dropped to pennies, then shortly before the first quarterly profit, the board lowered the options strike from 5 to I think 2.5 or 3 or something like that. Then in when the qtr was reported profitable it moved from around .40 cents to 2.50 on the day of the report. So this happens and it happens when the ops has fallen significantly thus putting the ability for the exec to cash in unrealistically high. My point is that when good news is coming, re-writing the strike price lower can be an early indicator of a price rise. I have used this indicator with CLSW very profitably 10 years ago - and I have used it with other companies. So, you are not correct. This is used to lower the strike price to a more reasonable level when these strike prices were set in the days when the stock traded much higher. The board would have no reason to use it in the situation you describe. You need to think it thru.
This activity in around 12 years ago, just before the first ever report of a quarterly profit for CSKW was the ONLY indication that CKSW was about to rise considerably. The stock was trading at about .25 to .35 and then, all of a sudden, there was a formal SEC filing which re-wrote options originally issued at, I think 5.00 US$ to the new price of I think it was about 2.00 US$. Then came the quarterly report with the first profit - stock jumped from .45 to 2.50 same day. Real genius on the part of the board. Imagine that luck, to re-write lower
just before the first profitable quarter. Who would have guessed.
So, I was wondering if there are any recent option rewrites for a lower price first issued when CKSW was trading in the double digits. If so, this could be an early indicator of good news.
(By the way, I did a retrospective analysis of other companies who re-wrote options downward ahead of good news. This is not a rare practice.)