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LUM 2.3¢

lumacom - director buying options

  1. watso

    19,268 posts.
    scanning through the reports, it appears that one of the directors has bought 700,000 options at a cost $73500. given that the options only have 4 months to run, and that it would cost $140,000 to convert, then this would suggest that this director is confident. the market, in LUMACOM, can be very thin, and if there are no announcements forthcoming, it may be hard to unload this amount back onto the market

    not knowing anything (except what has been reported), this stock is a bit of a spec play

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