InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
5,314.02
(
1.41%
)
US TECH 100
17,834.00
(
1.44%
)
Dow Jones
39,389.77
(
1.01%
)
Brent Oil
78.17
(
2.82%
)
Bitcoin
55,906.63
(
-0.25%
)
Post# of 104545
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Jamis1

Send PM Follow Ignore
Followers 23
Posts 4876
Boards Moderated 0
Alias Born 09/05/2013

Jamis1

Re: QD explosion post# 60345

Tuesday, 10/03/2017 1:23:43 PM

Tuesday, October 03, 2017 1:23:43 PM

Post# of 104545
You guys are hilarious!

The Posner effect was proven to be fact. The family sold shares to get their overall ownership percentage under the limit so they could execute their warrants. They weren't dumping to just dump the stock. They cleared their limit and bought all their warrants. They made a profit on their initial shares and then doubled up by purchasing the warrants.

As of last year's 10K they still owned more than 5% of the company which requires filing if they sell.

Steven Posner Trust 19,727,941 6.1%

Page 56 of 2016 10K
https://www.sec.gov/Archives/edgar/data/1403570/000149315216013565/form10-k.htm
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up