Re: Market Wrap

Falcon is a global energy company with projects in Hungary, Australia & South Africa

Developing large acreage positions of unconventional and conventional oil and gas resources

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solyomtwo

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Re: Market Wrap

in response to

Re: Market Wrap

Square Eddie

posted on Mar 15, 2010 08:32AM

Hey Eddie, I believe your math skills are lacking; actually he cashed out 9.1 million shares but who cares about $20,000 or so ;) Catching up with our board’s activity this morning, and I see that theories are abound, and some of them quite plausible, others are just plain nonsense.

Anyway, I have two wild guesses for you. The first one is: he sold his shares into the family trust for $2,000,000; then he turned around and bought 2 million shares in Falcon Australia Pty Ltd. That’s what I call “having your cake and eating it too”

However I like the second one even better: I think he just wanted some lose change to upgrade his wardrobe :)