InvestorsHub Logo
Followers 3
Posts 1687
Boards Moderated 0
Alias Born 03/15/2018

Re: RPMcKenna1976 post# 7479

Friday, 03/06/2020 3:28:54 PM

Friday, March 06, 2020 3:28:54 PM

Post# of 7743
This is good news for shareholders. Normally rules 10b-5 and 10b5-1 are set up by insiders to allow themselves to trade their shares without being accused of insider trading. In this case, as the stock is halted, there is a warning to insiders that they cannot sell their shares at this time. That's good news because what shareholder wants any insiders trading for any known reason, especially considering the circumstances.
Thanks RPM. I was wondering about the insiders trading.

https://www.investopedia.com/terms/r/rule-10b5-1.asp