GREY:FEBTF - Post by User
Post by
clearwaterson May 17, 2007 11:36am
235 Views
Post# 12797776
options cross
options crossIt is not unusual for insiders who have held their core positions for over six years to release some stock to meet over demand for a financing, in this case the insiders were not selling core positions but crossing stocks from options exercised previously that were expiring which had been bought and paid for and then held for a year or so-. In this case, the lead broker for the financing organized the cross- no short position in this case-