There was strong buying the prior day from mid 60's to end mid 70's. Natural to see a bit of a pull back today. Given that a Director sold near 80 the reaction today was not all that bad. So long as he does not continue selling then the move up should continue at least to 80 level. If he has sold again today that is very bad and given that the prior release said he traded during an excluded time it is highly unlikely that he sold today IMO. The rest of the Board would be very unimpressed with his original sale let alone any further selling which he would require pre approval for! If this guy is a US citizen then maybe this was for some tax reason as the US tax year is 31/12!
FDM Price at posting:
71.5¢ Sentiment: LT Buy Disclosure: Held