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.
Microcap & Penny Stocks : Rentech(RTK) - gas-to-liquids and cleaner fuel
RTK 0.200+5.3%Oct 13 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ChrisJP who wrote (8245)9/7/1998 8:38:00 AM
From: Howard Williams  Read Replies (3) of 14347
 
Chris, I'll first aver that I have no idea what's going through Mr. Livingston's mind. But looking at readily available information (including RNTK's oft-repeated statement, "by the end of summer"), one can reasonably conclude that a signing ceremony is potentially going to occur sooner, rather than later. And maybe Mr. Livingston has current financial desires or needs, whether they be a Jaguar, a new home or an Aspen lift ticket (daily walk-up rate). So, even without having more info than you or I, why isn't it just as reasonable to surmise that he, paraphrasing you, needs the money soon and plans to sell after the stock price goes higher?

My understanding, perhaps flawed, is that all that's happening is that Mr. Livingston is getting his shares into unrestricted form so he can sell them when he chooses too. Is there a time window during which he must sell after the shares' restrictions are removed? I don't know the answer to that. If I'm missing something about the legalities or time provisions of this, I hope someone will fill me/us in.

14 days until the end of summer............
H.W.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext