On a serious note.... I am wondering whether or not and to what extent insider trading would be possible here. That is what I meant by "something up there sleeve". I have never heard mention of a Board of Directors to represent stockholder's interests. Imagine the carnage if Nolan even had a shareholder's meeting.. anyway...
What is to stop management to drive down the share price maybe unconsciously, then with knowledge of a Big Deal, purchase shares at an opportune time? This kind of things happen all the time. You can see it in the charts prior to news. Volume and price increases due to public knowledge of insider information or insiders themselves...
In fact, a relative of mine is a broker and got a call from a highly placed client one day about selling stock, which he executed. This client was a high-level executive of a hi-tech company. The stock crashed shortly thereafter after a poor earnings report. He later got a call from the regulatory authorities about it. This matter also appeared in the papers up here in Canada. It was a Canadian company, fairly well-known....
I am curious about all opinions on this matter. The fact that this is an OTC company does not help matters much. Thanks.
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