RE:RE:RE:RE:velocityCiao wrote: The insider sales IMHO is inconseqential for the investors here who are here to watch the business accelerate and for the share price to catch up. One the first 70K sale, Doug Fraser had a .10 gain over his options to profit a measely $7K. On the other 29.5K he had a gain of about $7.5K. Traders on the other hand could take the insider sales as a signal to exit. I'm good with weak hands exiting.
Not to flog a dead horse, Fraser had his reason's for selling, nothing wrong with a $14,500 dollar profit. Again meaningless in my view, yours as well. You are bang on, if day traders see this and get spooked, hell if someone who has held shares for a while and see's this and sells, then I say good ridence you have no idea what you invested in.
Day traders, we'll to each their own I guess. Up until recently with Velocity coming onboard and the momentum from the Q1 release this stock has been a slow volume trader most days. For the most part I believe the stock is held by some savy retail investors, with long term vision of what this company will become.
I had my buy in at $.60 cents, didn't get filled, $.61 was the low, bummer.