I've heard it is common practice for them to exercise options when they believe the stock has bottomed (similar to purchasing) in order to pay less in taxes. I would think the options would show up as taxable compensation at the exercised value and then be treated as any other stock holding thereafter. Any tax gurus out there?
If the rumors are true, we will still enjoy good returns over the next few years. That's what makes it a buy.
I bought more after listening to the CC. I thought a 30 to 35% haircut was a bit much considering the circumstances. There should be a huge market for 3d measuring.
This is typical. Don't be surprised if they pull it down low enough to cause volume to pop. They want shares.
No statement would not surprise me. Lawyers (on both sides) have a way of making people shut up. I believe the company previously stated that to imply there was criminal wrongdoing is absurd.
It is interesting to note Symphony Investors is showing 1 transaction and no other holdings after selling SVU off according to yahoo. Non-open market dispositions are very common, especially with large orders. I'm buying today.
DUST and NUGT are not directly related to the price of Gold. The miners have been holding their own despite gold drifting lower. I have heard lower energy cost for the miners are helping to offset lagging gold and silver prices. Nonetheless, I sold my DUST off the other day for a scalp of scalp trade when gold was dropping and dust wasn't moving up.
EIA Nat Gas Weekly Report has archived articles on the subject of the overall expected increase in NG demand from retiring electric generating coal plants. As I recall they break the total MW's earmarked for retirement down into % being replaced by NG, Oil. Nuke, Hydro, Solar, Wind etc..etc.. Not all coal retirements will be replaced by NG but more than likely most of it as I remember. I was surprised however, at the small % increase it would cause in overall NG demand. According to the EIA, it will not have near the impact that many here believe it will.
Senator Blumenthal was Connecticuts States Attorney General prior to replacing Dodd. He is also a graduate of Yale Law School. Needless to say he is probably well connected in the DOJ arena. So yes, possibly very political and this is the type of stuff you get when a bunch of lawyers get together. There ought to be a law against law.
I'm under the impression the problem is the agency doing the investigating has been traditionally used for fraud and corruption cases, not safety issues. TRN's problems may have little or nothing to do with safety of guardrails.