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I'd say the timing is a pretty strong indicator, although you're right, this isn't the same as proof. "On June 29,2004, Cuban sold his remaining 590,000 Mamma.
by nadim 18y ago
I'd say the timing is a pretty strong indicator, although you're right, this isn't the same as proof.
"On June 29,2004, Cuban sold his remaining 590,000 Mamma.com shares during regular trading at an average cost per share of $13.2937.
On June 29,2004, at 6:00 p.m. after the markets had closed, Mamma.com publicly announced the PIPE offering."