RE:RE:RE:RE:RE:New article in La Presse this morning The blackout period is a real thing. Since insiders have inside info, they are not allowed to buy or sell when they are in possession of material info, which is most of the time. As you can imagine, these heavy constraints are also a disincentive to buy even when they can because you can easily get locked into holding when you might want to sell. Just look at the two exectives who have been forced to not exercise and sell their very low cost options. At one point not too long ago, those options were worth something but because THTX has apparently been in a blackout period since last December, they were never able to exercise those options.
The blackout periods are not a silly excuse that corporate executives make up to avoid buying or selling their stock - they are real. The fact that they ahve apparently been blacked out all eyar is an indication that there is a lot going on at THTX and we are likely aware of only a small fraction of what that might have been and still is.
PWIB123 wrote: The blackout period is just an excuse for their embarassing lack of buying. Maybe they live too high on the hog and have no money. Doesn't matter. They completely missed the opportunity to show faith in the company and help stop the bleeding share price, take advantage of what they just admitted is a ridiculously low share price, and actually bring more investors to the table. Why would they even mention a current black out period in a historical reference? Where were they 30-60 days ago? This also suggest that there's nothing else in the works that would have precluded them from buying before the financial reporting period began. It still just blows me away how they don't seem to get it.