Replies to post #396 on Fortitude Gold Corp (FTCO)

[Neverhadawinner]

JSC,

You said "and they are past their 30 for sale and can buy back". You figure the two Execs used the IRS Wash Sale Rule to sell their higher priced stock holdings as a loss and then buy back at a lower price. That would surely be a different way to "short the company". The net effect is to punish all the "buy and hold stockholders" for a tax break? I hope that is not the case. It raises many ethical concerns and may infringe on present laws on insider trading.