RE: RE: RE: RE: Financing Update.....Very interested to know who received all those $1.53 options.
Klaus Andrup, director, exercised his $1.43 options and then started selling them off in the $1.75 range in mid-Feb. And voila! here we are back at $1.43.
This is the kind of thing that drives me away from a company. The insider sales optics are awful, the IR is awful, the CEO is arrogant and disparaging, and the news releases show a mastery of the non-news news type of announcement.
However, I will likely begin swing trading this one soon. Opportunity seems to be upon us to do so, probably in the $1.30s. But I'm holding my nose and ignoring a couple of key principals, mainly to do with transparency and attitude of management.
Cheers,
El Joro