Post by
Northforce13 on Jul 09, 2023 2:50pm
Insider share sale bombardment continues
Well. Richard Wait selling, Jacqueline Tardiff selling. Will Michael Strachan join the bandwagon? He just exercised 60 000 options at 1.50.
This is probably just them trimming / cashing out of some of their options, but nonetheless it does inspire a small feeling of discomfort.
Would be nice if the company had a buyback program to suck up some of this dilution that's happening.
Comment by
TheCount11 on Jul 12, 2023 8:39am
Tough comps coming up. Management should NOT have got options. Deferred stock would have tied them to the mast. Also how about actually believing in the company and buying stock on the open market like the rest of us? At a minimum company should have bought back shares at $1.50 when they issued the options. So poorly managed for shareholders. Own a lot of shares feels good to vent!
Comment by
savyinvestor333 on Jul 12, 2023 9:15am
Probably will feel a ripple from Aritia's quarter today even though we are unrelated.
Comment by
RedeyeGarf2 on Jul 12, 2023 3:22pm
Usually disappointing news on revenue or profit hit high price to cash flow or earnng ratio companies a lot harder than low ratio companies like RET.A.