Good News & Bad News, page-32468

The insider owners at PLS must be furious at this point. They have been working their butts for a long time and they must believe they are doing a great job.
This includes the CEO to the workers who mine the lithium. I believe they are all inside share holders.
Lets look at a few numbers of how they were effected by the 8%. decline in their stock;

Total shares (approximatly) 3 billion. which equals about 14.1 Billion market cap.
Inside ownership (approx) 13.05% or 391,500,000 shares
At $4.70 a share. or $1,840,050,000 , insiders market cap. a loss of .41 a share.
THE INSIDERS LOSS $160,515,000 this last Friday. I'm sure they are all saying WTF!!!
I know all the other holders (that are not short) have taken a bigger hit but they can't do much about it.
What can they do? A lot in my opinion, but doing nothing is not one of them!