Possible Reason Lori is selling

Welcome To the WIN!!! St. Elias Mines HUB On AGORACOM

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

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Mrscramer

Rank: Vice President [?]

Points: 12662 [?]

Votes: 109 Score: 3.0 [?]

Your Vote:

Please Log In to Vote

Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Possible Reason Lori is selling

posted on Sep 14, 2012 03:19PM

as you can recall last year Lori took down 950,000 shares of the PP at $1.80, costing her $1,710,000.

If she now sells those 950,000 shares at say an average of .17 cents she nets $161,500

creating a capital loss of $1,548,500 which she can use to offset future capital gains. Food for thought.

8 Recommendations

Reply New Message

Prev Message Back To Forum Threaded View Next Message

Please to post a reply