doctorj
Hatchet Moderator
- Joined
- 3 January 2005
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This is probably another discussion for another thread, but despite their irrational exhuberance, the people who bought these shares did so without knowing it was from the sale of directors options. Now they're shareholders of the company and both these shareholders of the company and many others (given such a high % of the companies shares have been turned over recently) and it remains to be seen, but they may fall foul of questionable disclosure practices.MichaelD said:Well, yes it was. Suddenly one day there were 6.6 million more shares in GDN which weren't there the day before which have now been sold at above $1 to other at the time seemingly irrationally exuberant shareholders.