Re: Allan ST. James
in response to
by
posted on
Mar 15, 2011 11:53AM
Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE
The only logical explanation for his little selling, is that he must have needed money quick. Otherwise, why would he sell at the low of the day back in Jan at 1.63? What he has sold, is peanuts. I dont care about that, what I do care about, is the manner in which he sold. For godsake, sell in a controlled manner!
Its very evident he is a bad apple when it comes to his trading. I brought this subject up, and my intent was anything but trying to be negative. Rather to show his recklessness, or at least what appeared to be that, IMO.
The selling in no way implies trouble with the company. If it did,why didn,t he exercise all his options and sell all at once? He also sold last year, at a low price, he has only hurt hisself and probably only made half of what he could have, a lot of money to lose. So, this tells me he HAD to sell.
I dont really know his role at the company, but I suspect he must be getting low in options and warrants by now. So, this reckless selling by him may shortly come to an end, I can,t really see the rest of management looking at this in a good way. The rest of management are exercising warrants ( like Murry) and are stocking up our treasury.