acdevil
Member
In theory, yes.I mean he has to right?!From a business sense, this is the biggest arbitrage opportunity ever (might be a little exaggeration). Unless, of course he found some morality or just isn’t that great of a businessman…
But, he said publicly a week or two ago that we wasn’t going to sell (which made the stock go up slightly). If he unloads it now, he faces the prospect of an SEC lawsuit and/or criminal charges for stock manipulation. I know he doesn’t seem to care about criminal charges these days, but a civil case from the SEC could claim all the profits he makes.