PINL:VITFF - Post by User
Comment by
MVargason Dec 14, 2020 1:57pm
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Post# 32101149
RE:RE:RE:Greatdaysahead
RE:RE:RE:GreatdaysaheadI have "whateverrr" and NickelOne on ignore, but when I see multiple responses to their posts, I sometimes logout to see what they are posting. I know it is going to be negative because the only reason they are here is "sour grapes". They both advocated selling when the pre-split share price was in the 30 to 40 cent range and they both undoubtedly exited the stock at that time.
whateverrr is the former ChilledJames, but not Nickelone. They are a tag team duo that up-vote each other's posts. They both switched from being ultra bullish to bullboard trolls. To be fair, whateverrr does post some valid criticisms, but on the whole, management has done an admirable job to get the project financed, constructed and into production. As long as they can come close to meeting the forecasted production goals, the stock is grossly underpriced at current gold prices.
We are currently in the peak of tax-loss selling season. So far today 4 different houses have sold more than 100,000 shares and 2 of those have sold more than 200,000 shares. The Orion divestiture is probably responsible for a lot of it.
It is laughable that NickelOne would post that Mark Ayranto was "Bailing Out Slowly" because he sold 10,000 shares in order to finance the exercise of 50,000 options, thereby increasing his net share position by 40,000 shares, but that is why he is here.
It is common for company insiders to sell shares to raise the cash to exercise options, but John McConnell and Michael McGinnis both exercised options without selling any shares, while Paul Gray sold the same number of shares as options exercised.