Post by
tamaracktop on Sep 09, 2022 6:50pm
Never once in my Career
Have I seen a company think it newsworthy to announce that the CEO of a company has voluntarily terminated a disposition arrangement that has 5 trading days left before it is automatically null and void. This reeks of BS. Anyone who can't see that is quite frankly blind. Tell me this...with the stock at $1.95, how much is he risking by not "automatically" selling in the next week? You better hope it's not much. Furthermore, nothing prevents him from selling personally. This is absolute BS "news", and the market will see through it in a nanosecond.
Comment by
Thinkbigsti69 on Sep 09, 2022 6:51pm
Better cover your shorts shorter!!!!! Are you ever going to pay a premium. LOL
Comment by
Gottofly on Sep 09, 2022 8:19pm
If you are going to post what PPP has sold please also include what he still owns and what percentage of his holdings he has sold, that is also part of the story. Oh and how is XBC, doing for you TT?
Comment by
wasitreallyok on Sep 09, 2022 9:29pm
Don't forget about how much he buys as at the end of the selling and buying his total shares owned goes up.
Comment by
sorrenson on Sep 09, 2022 9:45pm
Hahahahaha.you can't be this naive. ... Sells at 2.00. then prints himself 1.2 million at .58. Further diluting. And it appears up June 2023 they can print another...drum roll. 35 million shares..
Comment by
tamaracktop on Sep 09, 2022 9:30pm
How many shares he still owns? Who cares? He doesn't. He's already fleeced you, and he's laughing at all of you here while he sells as much as he can, but "diguises" it like the unprecedented "news" today. And he g
Comment by
therealmccoy on Sep 09, 2022 7:08pm
This post has been removed in accordance with Community Policy
Comment by
HARJAY on Sep 09, 2022 9:01pm
From the CEO site - FYI @MidtownGuy It's just protocol. As Purple and Namazon mentioned, Mellon was running up against the timeline for the ASDP ending. As per the NR, they could have sold a very large amount in the last few trading days, but in the best interest of shareholders, it was decided not to do so. That required cancellation of the ASDP, which required an NR.