Anyone else seen this .Go to company web site check sec filings amendment on 4/2/2013
Could he be buying into the private placement of preferred which gives 6.5% yield and option to convert to common at a conversion rate of $21.40? I'd like some of that to hedge oil prices.
Maybe. But it still sends a negative message to shareholders when the CEO is bailing for safer waters. Scary stuff, what does he know that we don't.