RE:RE:RE:RE:RE:RE:Almost 20M shares traded?Hey, long time since I dropped by. That sounds like malarkey that management are blacked out until Monday. Never heard of such a thing. In fact, they could have bought that whole block. I bet shields is VERY happy to get $3 million out and be done with them.
mynameisneo wrote: I decided to call HUD and spoke to management. This was not a Hudson trade but was a former board member who held just over 10% (therefore an insider). My understanding is the position was bought by some strong hands which should be good for the stock long term, and takes a potential seller with a lot of shares out of the equation. Apparently management are not allowed to buy until Monday as it was an insider who sold the position. This should all be positive going forward.