RE:RE:Why would David Hodge sell shares now? Simple. He's the new CEO of Equtias Resources and he bought 160,000 shares (so far) in the company he is now the CEO of. Vote of confidence in the New company he's running as a ceo.. I expect he's taken a few bucks off the table of WPX (which he still holds 357,000 share in) Perhaps he hasn't excess cash kicking around so he took a little off the top of WPX. He will still get allocations of shares in WPX for his role of "director" excluding warrants and options he already has. That's why he is the only insider with any sales of WPX. The rest are riding it out .. News may not be imminent but it will come soon enough.