RE:Insider selling explanation - relax!No relaxing. When insiders sell it's never a good thing.
If part of my salary is shares... if I think those shares will be going up soon... I hang onto my shares. If I don't see them going up soon, despite the fact that they've recently been dropping, that's not a good thing. Insiders should be buying after a drop not selling.
mikeylovestv wrote: This topic comes up at time to time and the bloggers make it out as the sky is falling. The board members have many stock options at different exercise prices and dates. Just like you and I they have mortgage payments, kids in university, car insurance etc. so when they cash out some shares at $1.26 they were given these at a much lower price and stil have more coming to them at later dates. This is partially how they get paid.
You can find the 2017 earnings report on Trevali's website under investor information. They will show the outstanding shares and the fully dilluted outstanding shares (including stock options and warrants)
In the 2017 earnings report you can see that there are almost 10 million stock options outstanding up until 2022 (section 18), most at an exercise price under a buck that were issued long ago when the company was not making money.
People should not buy any stock based on advice by random bloggers! (Including myself, lol). Please take the time to read the quartely earnings report which in addition to earnings, profits, debt repayment etc. it also shows you small details such as stock options and warrants outstanding.