GREY:ENGFF - Post by User
Comment by
shleevoon May 25, 2008 8:11pm
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Post# 15108404
RE: Management buying bigtime!
RE: Management buying bigtime!That's right Catdog. Glad to see someone paying attention. Jeff exercised his 474K @ .14 cents ($66,000). Not a lot of risk there but now recently he's exercised another 250K shares @ .90 ($225,000). Why would he invest $225K on top of the $66K at this stage????? YOu gotta ask yourself that. You're absolutely right. He can't sell his 250K worth of shares and expect to get .90 cents for all of them. Why take the risk?? He's obviously very confident that he'll be able to sell them for a profit. Also, he still has 450,000 more options that he is waiting to exercise, but I think they are all @ $2, so he'll have to wait for news.
Good news in not far off in my opinion.
"Money flows from the impatient man to the patient man"