GREY:ATBPF - Post by User
Comment by
Blazesbon Jul 26, 2020 1:20am
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Post# 31320077
RE:Insider Trading
RE:Insider TradingMarky1 wrote: If you look at Dan,s. Selling of his stock, he only traded 7% of his holdings and half of the amounts were warrants about to expire..If there was any nefarious plan on hismind, and anyone else on the inside, wouldn't you think that he would sell many many more shares! He was just taking some profit off the table, setting up a Trust account and tax planning..Very understandable....IMHO
Yet another post that misses the entire point of Dan's front running trade.
He knew the 28 mil private placement at .40 p/share was done. Did he disclose this to shareholders? Not before selling into a .70 share price elevated by expectations he created.
Those expectations for 346 data were crushed by acetaminophin percentages deemed 'significant'. He kept that to himself too.
It's called insider trading for a reason.