The money involved is minor, it is the image it creates. When John Welborn of RSG had his shares sold last year (apparently without his knowledge) it caused a huge amount of needless concern and pushed down the SP of RSG. Trust is the one thing in short supply at OGX given past management antics. Without more explaination this looks a very poorly timed trade that creates needless doubt in OGX. I really hope the company comes out with a detailed explanation tomorrow.
OGX Price at posting:
8.2¢ Sentiment: Hold Disclosure: Held