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FX Energy Inc. Message Board

  • modelportfolio02 modelportfolio02 Nov 22, 2004 8:54 AM Flag

    I'm surprised

    by the lack of investors sophistication regarding the insider sale by Jerzy. If you would have taken the time to explore you would see that theses shares were sold under a 10b5-1 plan filed months ago. Once the plan is filed, you can't change or modify it. I'm sure that when it was filed, the assumption was made that the wells might be further along. Also, 30K is hardly dunping. According the filings he has hundreds of thousands of shares. The plans are put in place for a reason. No one can accuse the officers of selling shares if they had any insight into the well results..I'd be concerned if I saw all the officers selling large amounts..This is simply not the case. Go ahead and sell, that's the beauty of the markets. You are free to view things however you like. Selling 30,000 shares after a few tough years of 1/2 salary doesn't seem like a big deal to me. Of course those who are short or want to cause selling might want you to think its a big deal. I'm here to see 10-15 wells drilled.

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