RE:RE:ITHACA'S POOR management ceo issues 7 Million .55 Options
yep had that idiot on iggy for a long time, he's right up there with a lot of the pumper idiots, lol!
he does make a point and we have not seen much of any insider buying on iae for a long time.
smith was the last on feb 4, and his was actually a purchase under a market share incentive plan meaning he was probably matched by the company in his purchase.
I see a decent trade here and am still holding but he is right, management can be a pofs as far as past performance goes and as far as stepping up to the plate in the open market goes. lots of oil cos. management were buying on the open market supporting their stock but not these clowns. they do own shares not saying they don't but if this is the deal some of you seem to think it is you would expect at least some of them diving in. it's not like it's been a total blackout for them to buy all this time.
pullback in oil prices with extra opec production is affecting the whole sector today, this could could last a bit , hopefully not past the time the platform sails
the stock should hold here in the high .70's unless the market turns real fugly.
cheers ferret