Monday, September 05, 2016 10:46:47 AM
In order to move forward with the summary trial / judgement, both of the insiders need to show a "material" loss in that what they pegged as the value before the merger and what it is now.
So it is doubly to their advantage to sell at the lowest price possible since this shows the largest loss. They want to recover damages to make up for the loss, so if they wait for the price to go higher......they won't make as much back.
In fact, the higher and faster it goes, the faster these guys will dump shares. When it was hovering below $1 with no hope and no volume, there was no rush. But now.......now there is gas on that fire and people are starting to test the waters a little bit here.
Recent HEAR News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/19/2024 09:47:14 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/13/2024 08:01:21 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/08/2024 09:00:30 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/08/2024 08:22:06 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/08/2024 08:20:10 PM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/26/2024 01:19:46 AM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 07/26/2024 01:12:36 AM
- Turtle Beach Corporation to Report Second Quarter 2024 Financial Results on Thursday, August 8, 2024 • GlobeNewswire Inc. • 07/25/2024 08:15:25 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/25/2024 12:43:25 PM
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- Form SC 13G - Statement of Beneficial Ownership by Certain Investors • Edgar (US Regulatory) • 07/10/2024 08:23:52 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/13/2024 08:05:55 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/13/2024 01:21:55 PM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/03/2024 09:37:20 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 05/31/2024 09:25:43 PM
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