HPQ Silicon Inc V.HPQ

RE:Bernards comment about insider sales

[Welderkev1]

Welderkev1 wrote:

Re: Insider sales

in response to 

Insider sales

 by 

Secondlast

posted on Jul 08, 2020 08:56PM

Use the IP Check tool [?]

Hi Secondtolast,

Really not certain how to reply to your question:

"Could you comment on the recent sale of shares by your director?"

I did not know that HPQ directors were my property...

HPQ directors are individual with different strengths that they bring to the table.

One of the remuneration tool used to attract individuals to join a board is granting them options to buy shares at a set price over a long period of time. 

We have done in the past, but we are presently unable to issue new options because of a loan covenant dictated by IQ, and now we have a series of these options expiring in September of this year, that are in the money.

The good thing about options is that sometimes you can buy shares cheaper than they trade on the market.  The counter side to that is that exercising options triggers significant tax implications, that is why often people exercising options have to sell half or more of these shares just to cover tax liabilities.

Investors should not try to read to much into the fact that an insider is selling, often there are thousands of reasons not related to HPQ that forces a director to sell.

Hope this helps.

Regards

Bernard

 

Part 2

Re: Insider sales

in response to 

Re: Insider sales

 by 

Bernard-TOURILLON

posted on Jul 09, 2020 09:09AM

Use the IP Check tool [?]

Hi All,

Just wanted to add more context to my original answer regarding insider selling.

As I have stated before, HPQ has been and is subject to predatory shorting activity.

It clears that over the last few weeks, this has not been a winning trading strategy, but that will not stop them from trying to recoup their losses by doubling down.

I have also warned investors to pay attention to the active disinformation campaign these predatory traders will use, and it is a given that they will highlight all insider selling, for whatever reasons the sale is done, as a BIG RED FLAG...

On cue, after insiders sold 696,000 shares on days when the stock traded 41,500,687 shares in total, representing a mere 1.67% of the volume, these agents of disinformation started posting...

There are only two emotions that move stock values, greed (or Fomo) and Fear...

The goal of these posts is creating doubt in the mind of retail investors, (fear) by inferring that Insider selling is a sign that shares price will not be going higher...

Since regulators do nothing about these games being played, all that I can do is use this Agoracom Board to try to educate investors.

Hope this helps.

Regards

Bernard Tourillon

CEO