Comment by
red911 on Jul 12, 2011 9:09am
OK so point was made on other site that 4M options at .45 are set to expire today. Recent insider activity likely reflecting desire to finance option exercise by selling existing shares. No biggie. Good news is I think this is the last big group of options to expire for quite a while so it should be relatively smooth sailing from here on in re: share structure activity. red911
Comment by
red911 on Jul 12, 2011 9:20am
Just looked up specifics in financial statements... should have said... as of March 31st... ~3.5M options at 42 cents set to expire today. We may see some more big crosses today or not. Either way any selling pressure likely because of this fact. May actually explain much of the selling pressure of late. Good news... It ends today.red911