Hi all, a few quesitons for the board...
we all have a good idea that its PC cashing in options but the way it is discussed on the board it sounds like he is dumping the stock. Is he not selling stock at 82 cents to buy options priced in the 25 cent range?
Every time Canaccord 33 sells the share count goes up, is this not a good sign that people are trying to get as many shares as possible?
The increase in volume could be an indication that they are trying to get as many shares while the stock is down because they will pay more tax once the news is out in oct/Nov.
If PC is selling his position in the company then why?
TIA,
Suckerfish