It is pretty pathetic that the General Counsel exercised his options at $1.82 and immediately flipped the stock out at $3.80. For 30,000 shares, that was $60,000 profit. Not exactly a goldmine. You would think he would hang on if he felt the stock would be $4.80 in a year or two?? Same with Russell Morgan...VP...exercised his stock at $1.50 and seems thrilled to have filled it out at $3.45 (wouldn't want to be buying at $3.55 if the insiders are upchucking at $3.45...especially with no excuse like they used in December to avoid higher taxes...These are in February and March of this year. Definitely discouraging.
Seems to me that the insiders aren't very confident in the future of the company if they sell their options now. If they really thought that zixi would go up a lot, they would have held on.
Betcha they are terrified of the law suit. Better to dump now.
You've been telling me to dump since a buck a share.
Why would insiders HOLD shares if they think RPost will put them out of business? Why do you demand we ignore these shares? Why did you demand that we sell all of our stocks in June 2010 right before AN EPIC THREE-YEAR BULL MARKET?
so, you don't ever need some money for something your pay check doesn't cover? They have a lot more shares, are they just supposed to hold them forever? No matter when they sell you wouldn't like it would you?