RE:RE:RE:RE:RE:And while I want shares bought and taken out...You sound bitter because you held onto your shares while the bottom fell out of the stock. Calling me a boner for exiting and cautiously stepping back in sounds kind of envious wouldn't you say? Regardless, Ghezzi and his team have not been upfront with investors and therefore one should take a very guarded approach if thinking about buying into KNR. I personally think there is an opportunity here to make a few bucks. HC approval is key. I decided to pick up a few shares now as opposed to waiting for the outcome. I don't trust Ghezzi but one has to ask why is he putting approx 100K$ at risk buying shares here if he was not confident in a favourable HC review? Sure there is risk .... isn't there always in these juniors? If HC comes back with bad news on BioCloud's reliability I am sure there will be folks entertaining legal action based on what has been presented to the public by KNR Management. Whether that will be successful, who knows. Hopefully it will never come to that.
yearninyank wrote: I'm saying that here in 'murca ceos can run afoul of the SEC if they are seen to have engaged in a pattern of behaviour that is in conflict with public trust and ceos are not immune from insider trading penalties were it found they were acting on material non-public information or breached their fiduciary duty. Thanks for the back up Jilly but I think i can handle myself. I 'm not as generous as to allow there are not actually stupid questions but mine was more of a rhetorical insinuation. I want us all to succeed but this is an atypical story and the share price activity and resultant actions by the CEO cause me a lot of concern. Another thing about questions is it is good to ask them and not just assume you know the answer. And yo LTD, you shouldn't assume you know why someone is asking a question.... made you look like a chump.
So, Ghezzi buying shares just because they are cheap and he feels like its a great opportunity but having no reason to expect great thing seems pointless. Ghezzi buying shares because he knows great things are imminent could be a concern to someone. In either case it doesn't seem to matter to the market which still thinks this stock is better to sell than buy. That is the part that still sucks.
I'm still long btw.