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Prodigy Gold Inc KXLAF



GREY:KXLAF - Post by User

Prodigy Gold Inc > Phelps...
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Comment by hrattleon Jan 17, 2011 12:58pm
259 Views
Post# 17984333

RE: RE: Phelps...

RE: RE: Phelps...I seem to recall that the amount realized coincided with the amount needed to purchase expiring options.  Could be wrong. 


Yes you are wrong.  And I guess the theory that he was selling just to pay for his cheap options is also wrong.  


All in all 105,000 shares does not constitute some major dump.


Another 105,000 sale on top of half a million at the end of the year.
I agree he is not abandoning ship - just raising a little cash presumably from an asset he doesn't expect to perform well in the short term.  Nothing wrong with that - I do it all the time.
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