RE:guess what i have learnedI am frustrated to be selling at such a low price as well. To me it doesn't make sense why the board would be selling near the bottom. Financially they are not as distressed as others in the industry and oil seems to have hit near bottom. However, dodoreveil, I do not see how the board of directors win in this situation either. One problem I have had from day one with d3 is the large amount of deeply discounted stock options the board has had. But with that most of the option prices are below today's prices. Martin admitted about a year ago that he had 110% of his net worth invested in D3. No doubt they all took a huge hit when oil prices collapsed. You've stated they sold out a number shares during the split only to buy back in just before the announcement to go private. If that was the case it would be easy to see insider sales/buys. However I don't see anything unusual when I look at the publicly reported insider transactions. Please provide some proof of misrepresentation besides spouting off allegations.