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S H B - Sat, 30 Dec 06 :

The Foo man cant win with some of you guys Re: buying more shares, he's damned if he doesnt and damned if he does!

From my understanding is that when a company have price sensitive information at hand, eg a contract or as in this case drilling/testing data, the directors are not allowed to buy/sell shares within a certain timeframe as that would be deemed to be insider trading, being this close to a result either way, any dealings would look so obvious to the regulators that the directors would be punished severly if caught out.

Do you really think The foo man would risk his job for the sake of making Ks?

Berating a CEO because he is not buying in at this stage is sheer ignorance.


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