Good post

I have been toying with this logic myself

It would expalin a lot

Elmers job is to protect his shareholders

The top shareholder does very well at this point and gets to unload his interest

...it would not surprise me either

" Teck knew all along, as did the CF insiders, that there is no way the insiders could have sold when the price was up at $2.74. How do you dump 250M shares, while keeping the SP up? The insiders are happy with the deal they made at something considerably less than the max SP - let's call it $2.00. (No, I'm not happy either!!!)"

...and I would not be happy, but relieved

Too far into this to tolerate where we are at