RE: RE: CHH in 2011
So we closed at $1.00 today which is quite impressive considering there was considerable insider selling this last month. Don't know if she is broke or if she has recently been terminated and is just being a resentful person and doing it out of spite. The good news is that all of her shares were swallowed up and the stock still went higher. Now there are 124k shares offered at $1.00. Its a good test to see if there is institutional interest. That being said, management owns ~70% of the shares outstanding on a fully diluted basis, to take this higher won't require much.