WISR Ltd V.WZR

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Can one trade WZR rights now

[Espana]

CF;   Did I hit a nerve, foxy? I couldn't be calmer after a long day of being very gainfully employed, it's time for some R&R.  
   Your love for Wzr's management is well documented and duley noted;  after all they do have all the data, the smarts and their reputations are on the line. Also noted is your in depth evaluation that Crest will own a sleuth of shares at circa a dollar and that all SERIOUS investors should expect at least a double from that level AND IN SHORT ORDER. (paraphrase of your very words!). Given the aforementioned, I'd wild guess that you'd include company insiders, such as those on the board of directors to be well healed SERIOUS investors looking for a $2 share price in short order. Well splain me this then: last month (October)  two of the above mentioned directors sold ~1 million shares at between 64 and 75 cents a share. Last week alone ~1/3 of the million were sold for less than the company asking price for the  rights offerring!  i.e. 64 vs 65 cents. I'm confused??  Why would perfectly sane men sell their 56 cent options for pennies profit when they know that "in short order" they could make gazillions more??? This world is a funny place... eh?   again Ref. https://canadianinsider.com/node/7?ticker=WZR
   Don't worry about me foxy. I've traded WZR several times a year over the last 3 years or so and have yet to lose money. I currently hold zero shares at a cost of zero. I was here contemplating an entry point but with news of this past week  ... T2 (very poor results) , K-4 horz defferral, re-write Kurdamir plan, directors baling stock;  I've decided to do you a favor and "take a hike".  I do appreciate your half hearted attempts at selling me on the stock. I do not believe that Kirdamir will net WZR 200 mm bbls.... at 2000 BOPD it would take 274 years to produce the field .............. I could be dead by then!  Bad Contingent bad.
    By the way, if Crest does pick up the 384 mm shares as Preferred shares they will own 54% of the company at an average price of about 77 cnts/share. That scares me a bit.  What would scare me more though, is, if they would decide NOT to pick up the shares.  After all,  they may have a reason to back out.  My reasons for movin' on are very recent  developments ... some certainly unknown to Crest at the time of the backstop agreement. 
     Looks like you'll have to sit by your computer screen all day until you can find a new fight partner.... I would like to hear your  splainin of the October share sales though.
Cheers, Espana