insider selling...this board is a gong show at times. ok, most times. i've been in this one since the beginning. i haven't posted in a very long time.
they may simply be exercising stock options about to expire. as far as i can remember, Gupta and the boys have pretty much never sold shares in the stock. peeling a little off to pay down their mortgages or afford a well deserved vacation is absolutely acceptable after 7-8 years as a public company.
and for crissake, it doesn't matter when the next news release is or what it is. it doesn't matter what the stock does at 9:30, 11 or 3:54. big picture people. let them execute.
as for a takeover, in your dreams. it won't happen for at least a couple of years, at 20 or 30 times the current market cap. they haven't worked this hard for this long to give it away for pennies. and between management a core shareholders, it can't happen until we all get the valuation we deserve for sticking it out.
to whoever threw this gem out: 85,000,000 is the amount of total shares issued and outstanding. it's not the float.
every body take a pill. you just don't sell this stock right now. get your position, close your eyes and in 2-3 years thank yourselves for having been patient.