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re: EXXI - hitting new lows everyday

Posted on 9/10/14 at 5:56 pm to
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10247 posts
Posted on 9/10/14 at 5:56 pm to
Some of the insiders were forced to sell when they reseigned. Not sure when the CFO and/or COO was forced out, but that's some of it.
Posted by LSURussian
Member since Feb 2005
127256 posts
Posted on 9/10/14 at 6:04 pm to
How does a company force a stockholder to sell when the stockholder no longer works for the company?

If they sold because they needed the money when they lost their job, I understand it.

But "forced to sell" after they resigned? I don't understand how that works.
Posted by sneakytiger
Member since Oct 2007
2480 posts
Posted on 9/10/14 at 7:22 pm to
Yeah agreed, I was looking for those names in particular in the Form 4 filings and didn't find anything.
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