including London, over 7 million shares traded thus far...
meaning over 2.5% of the shares of the company will trade hands today. Was going to mention yesterday that there have been no insider trades (excluding the exercise of options by Jack Lee) since early in April when a number of board members bought shares. Was speaking with a director with Ithaca who indicated that there are so many blackout dates, there aren't that many times in the year when they are able to acquire shares...the first well is obviously a material announcement that would have resulted in a blackout date, but wonder if there is anything else in the works. Would have to imagine several of the big players would be looking to take out Ithaca and we are coming into the period where its take-out makes a lot of sense.