who is Kl3? what a donk. Re: Penny. It was interesting in that the shares rallied almost immediately after the Form 4 was filed. I also wonder if the filing didn't suggest that is the extent of insider selling to expect? We could see bigger volume today as this appears to be walked down after yesterday's action.
Kl3 - the Penny Trust can absolutely sell at will. all they have to do is file. the reality is they wouldn't sell on the open market, but I will say this: they need to reduce their stake if this company is ever going to bring in more institutional owners so from that vantage, I welcome any selling by Penny or Foskett or the Trust.