Tuesday, October 29, 2013 12:13:43 PM
I do wonder about the HDC stock buys just days prior and after October 21. They seem to average out to about .036 which I believe was option price. It would be wise to gather what they could specially if the company was about ready to make a move toward a sale of assets/technology, or prior closing their doors. I guess options could very well be seen as payment or future payment. The idea that BQ was offered and may or may not have started buying makes me wonder about an early sell of most of our assets, meaning patents for .05 -.15. No doubt Bill had made money either on the negative/positive of this stock. Hey! Do you recall within the agreement between HD and him that he agreed not to short this stock. Is that to say that as long as one is an active member/director of the company that he/she is allowed to short company stock? Why else tell him he couldn’t within the separation agreement? I always have thought it was legal to short stock but to do so with pennies one would need a huge account that was held within a corporate structure away from the company that you were shorting.
Terry, do you have a clue about shorting penny stocks or perhaps someone that reads this or even someone within HD might help me understand the shorting rules? Regardless, I have always believed shorting was and is legal but maybe a few laws might come into play about penny stock and corporate directors and retail traders?
I hope you are doing well, as always un-edited to drive readers crazy : )
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