So the timing of the DM-related sale literally makes a difference of about $70k.
they sold 4,267,664 shares for $366,145.91 thats $0.0858 a share
at this week's low of $0.069 that's $295k so ~$70k difference to what it was sold for.
but at this week's high of $0.105 it would have been ~$90k better than what it sold for.
So people are suggesting is that he/they would risk their professional reputation on timing the sale favourably for a difference of $70k, but also not time it well enough that they leave $90k on the table? Doesn't make sense to me.
he's also not able to trade when he knows something that the market doesn't (that's insider trading) - so selling after the announcement is actually what he is obligated to do (or risk going to jail).
they sold when they did because it's ok.
people on here read between the lines that are between the lines... It's hilarious watching this thread sometimes.
4DS Price at posting:
8.4¢ Sentiment: Buy Disclosure: Held
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