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SpaceLady

02/05/20 7:44 PM

#64327 RE: motorcity #64325

their management team would know their sales would it be legal to buy right now before year end reporting?
Given how litigious people are towards this stock could buying now be seen as inside trading?


There are many lock out periods where the C Suite, Directors and other management teams and departments cannot buy/sell stock. Generally a few weeks before close of period to a few days after filing SEC reports. I would not expect any news of insider activity until after finances are reported for 2019.
I believe the exception to this, is if Stock Options have a mandatory issuance date during this time period. They can be issued, but not sold until after the lockout period. If I am wrong on this point, I will listen to correction.
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JohnCM

02/05/20 9:45 PM

#64334 RE: motorcity #64325

They have had plenty of time with the shares under $1.00 per share.