Yeah. It would have made more sense to me if both guys would have stopped selling at the 200K mark each (that gives each guy around a cool $1M), but I see that they have sold more than that and it continued yesterday. Their selling is in sync which makes me think there may be a master plan going on of letting someone in who wants size at around that $5 price. Fortunately they haven't killed the chart and forming a base here around $5 isn't that bad of a thing. You just wonder if they are hurting the stock which may be forced to have to climb uphill when the market decides to correct. Right now they are killing any potential cushion when it happens.
Re: KC, wanted to see what your opinion is on what management is doing with a...
Re: KC, wanted to see what your opinion is on what management is doing with all t...sells are never looked upon as good - hard to say - I see they were both given 200k which I assume was incentive program, so of course you are taking the $ on something given to you for nothing. To keep going? Hard to say - were there specific terms to the options or were they freely traded? If they could have held on, I guess yeah, I'd question why so much.
Tough call - annoying thou - i picked up more on the 5 break in my RRSP but they aren't exactly building the bank!