SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Crystallex (KRY)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: flightlessbird who wrote (5327)2/16/1998 8:46:00 PM
From: RH  Read Replies (1) of 10836
 
Insider Selling

I believe it was Avalon on SH who went so far as to contact the TSE to look into these rumours. And they proved to be unfounded. It was also confirmed on record that company employees are still restricted from trading KRY stock. This restriction has been in place since before Christmas I think.

It is true that a number of months ago, MO exercised some options, but I believe it was something like 5% of his total position. I believe another insider exercised options (saddled with some restrictions etc) in order to switch over to a much larger stock position. For more info, check in with MMurad on SH.

Insider selling fears are unfounded and at this point have no bearing in my opinion. (not to say that this won't be a future issue though).

RH
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext