RE:RE:We are heading to $1.50No, April 30th is the deadline for paying your 2018 personal taxes. In theory if someone had a large bill they could equally finance it and sell off shares later to cover it.
The only thing we know now is the insiders exercised the Sept/19 options for $1.40 and sold them off into the market. They didn't seem to have an issue lining up a buyer(s) to serve their interest.
I can only think of 2 reasons they might exercise those options:
1. They don't expect the stock to above $1.40 come Sept/19 or
2. Those options won't be available to them come Sept/19 because of a takover
Anyone got a feel?