BNCCORP, Inc. (BNCC)

[norweger1979]

BNCC $15.00

who is selling?

prob option holders, per 2014 report

"The Company granted 240,000 stock options on March 17, 2010. the stock options had a two year vesting period and a ten year contractual term. The exercise price is equal to the market price on grant date, which was $3.00.

The 2013 fiscal year shows 64,800 options exercised (beg. of 2013 228,000 outstanding) compared to 37,400 for 2014

As of Dec 31 2014 there were 125,800 options outstanding and vested with $3.00 exercise price and 5.21years time left.

http://www.bnccorp.com/54304/mirror/files/2014_Audited_Financials_Final-Secured.pdf

with total volume 2015 about 250,000 shares... prob more to sell,
can't blame them for cashing in :)