Officers and Directors
posted on
Jan 11, 2012 01:43PM
If as Sculpin suggests there will be a further NR today, I can see numerous law suits against the company and the officers and directors for negligence in releasing a poorly worded NR which resulted in approx half the market cap being erased.
The position of some that this is all Lori's doing because she did not get her options is absurd. Lori has lost more today, on paper, than any of us. Due to the blackout she and all other insiders could not sell.
If you were in the stock on Friday not much has really changed as of today. He stock price is in half and we are really still in the dark. A lot of the selling today was triggered by panic and stop loss orders.
Phockey