TSXV:ELXR.H - Post by User
Post by
grumpy705on Apr 06, 2019 6:45pm
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Post# 29592602
Stock Options
Stock OptionsCorrect me if I am wrong but the stock options have be bought by the directors and only under the company stock options plan. I do not know the stock options plan but I hardly doubt that they are able to purchase the full amount two days after the options were granted.
That being said, I do not believe that the trading volume over the last 3 days is all due to the directors buying the stock options.
This increase in trading volume could be part of a pump and dump scheme. If the high trading volume continues next week it could validate my thesis. Time will tell. if this is part of a pump and dump scheme then this will bode well for all of us, provided you sell when the stock price jumps up.