That was a large chunk of volume at the opening bell- 600k+ shares taking the open up to $2.43.
It is concerning however that Skelly continues to sell off shares- 2 trades of 3000 shares in the $2.2 range over the last couple of weeks. They are extremely small pieces, but no matter how you slice it, you can't put a positive spin on that. I am significantly less concerned about the millions of shares being divested by Claudius / Care than I am about the 3k shares by Skelly-
After 8 years in this stock, you start to go crazy!!
Skelly is not the only executive in Acura. If all were selling, now that would a problem. If he is selling on inside info and not available to the shareholders,I believe he would be in a heap of trouble. IMHO.
You are so right. I keep my eyes on the ball. Product , and distribution. There are only two directions , sell the company or sell the product(s). Both directions are UP. If Skelly sells, it only signals he's not selling the company soon, but the last Sec filing mostly said that. If we get Walmart, we could be seeing $12. a share Cross your fingers guys...