So now we're looking only at the last 90 days?
Who's math is off?
The fact is the 12 month average shares traded per day is around 300 K.
Looking at the last 90 days when the majority of the huge trading days have hit is ignoring the long term average for the year.
When the insider trades are juxtaposed against those averages, they're not insignificant, they're alarming....or else we're all just numb (finally) to the incredible amount of crappy news coming out of Tucson. In fact we seem to be enjoying it, in addition to tolerating it
I'm not trying to get into a numbers pis341ng match with you...but over 20 million shares have been dumped by Ironridge Global since the beginning of December alone....factoring only these last 90 days distorts the average incredibly. Not to mention the probable large numbers being dumped in the last 2 weeks due to tax selling.
Frankly I hope you're right about the insider trades being insignificant in the long term, whatever the subjective term "insignificant" turns out to be.
But when the Board and CEO start dumping tens of millions of shares, it doesn't exactly inspire confidence , let alone irrational exuberance about the company's prospects and long term viability.
I'll say it again....it's put up or shut up time for Bourque.
Or else we're sub pennies and then everyone will have trouble figuring out where the decimal point goes in front of all those "0" 's .
Stealth is Stupidity IMO. If you've got something let it out and let the competition worry about it.
Peace, Mike