The Red Bladder wrote:
Funky Dude did, however, sell about $8m worth of shares in mid-April at c.a. $8.50, but is holding the rest, so either there is good news coming down the pipe - or he is waiting for another profit-taking peak, giving him the opportunity to shuffle gracefully (and profitably) out of the door - who knows!
Or it could be because of the very strict U.S. dealing laws and does not want to attract attention. (It's a long time since I read the laws around trading so I am not writing this definitely.)