There is no evidence that this was done to crash the stock price, to gain cheaper options, to reduce his ownership to an acceptable percentage, to bring someone else in on a large block of shares at a very cheap price, on and on. We are in Plato's cave on this one.
Consider that the board, if they felt that this was an underhanded attempt to crash the share price, has the power to do something about it. Wasn't he nominated around the same time AM came on board? How do you know he will get cheaper options than the 1.75s Manocha got? You don't. This discussion is nonsense, water under the bridge. If it caused uninformed or skittish investors to leave, it was their decision. There was not tangible evidence of any fundamental changes in the. company landscape. And he would have unloaded a lot more, withdrawn from the nomination and not have found a pre-determined buyer at those levels. For all we know it could have been the Ajit Manocha family trust or some similar entity that he sold to at these levels to offset the loss of value of AMs options. All is pure speculation. Let's stick with facts and see what Tuesday brings.
How do we know that you (Mazan) or any other posters here are not part of a hedge fund or group who orchestrated this slide to line their own pockets with cheaper shares and are using SI's sells at a fixed price to cover their naked short selling? Bottom line, we know nothing and are doing nothing more than blindly interpreting the shadows while chained facing a wall as the reality plays out behind us. Purely speculation of course.
