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PartsBase.com, Inc. (PRTS) Message Board

  • jcemorgan jcemorgan Sep 23, 2013 2:09 PM Flag

    Insiders loaded up last week

    I don't know why this site doesn't show all the insider transactions, but MSN shows where the insiders loaded up with millions of shares, between their stock options and purchases. They must be expecting this quarter to be the one we've been waiting for. Shane hinted about increased traffic during the last CC,

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    • At what price was any of the direct purchases made? I see NONE. What they did was reconverting their old stock option scheme for a new one. The old one required a much, much higher conversion price. Obviously, mgt realized they were worthless. The new stock options convert at current prices proving them with a swift, quick profit when/if they sell. What's the bullish story here except for more stock option games by insiders?

 
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