RE:RE:RE:RE:RE:RE:RE:RE:RE:Re.....overhang Thanks, penny, for laying out the possible options here. This caught investors by surprise. It will be over soon. Likely a great chance to buy?
pennydredful wrote: former president was leaving DEc 31st . He may have had a lot of options he was exercising . A departing executive has 30 days to exercise his options . As no longer with the company no insider filing required . The profit on these is considered regular income not capital gain so there would be an "incentive" to cash these out. and re buy later if desired as the new buy would only be treated to capital gain tax in the future . The lower he sells less income tax to pay. We are now about 30 days from Dec. 31 .