GREY:NKRSF - Post by User
Post by
elliotwaveson Nov 20, 2014 4:27pm
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Post# 23149708
insider buying
insider buying
been in this business for a long time. Insiders get options and sell against it because obviously they are long because of the option. There is no law to force you to exercise. If the option is exercisable at a higher price then what the stock is trading at, why would you exercise? Just buy back the position. I have read about an insider in the know and long millions of shares at $1.78, well in theory this insider could be covering from all his sales in the past. He makes more money, with absolutely no risk. This makes a lot more sense then an insider caught on a stock $1.78 while it is trading at 30 CTS. This is an unbiased opinion, for I am neither long or short. Good luck.