Imagine u worked for a firm that granted you a s*** load of options that have become fully vested. Unfortunately for the time being they are under water. A pile of worthless paper? Maybe not for long!!!!!
Jadedbear from #options once related an attempt to low ball purchase employee stock options for cheap. Theoretically these non transferable options have ample time value left, even the under water ones. His attempt was unsuccessful but was an interesting idea. Soon, however, this may all change, starting with Google. Check out the skinny originally from The Wall Street Journal.
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