Q: Good day,
Peter is quoted in the Globe thusly “If you’re an institutional shareholder and you come in and management owns a lot of shares, then the financing closes and management doesn’t own a lot of shares, that’s when you say: ‘I don’t want this stock and I don’t want this company; I’m going to ditch whatever shares I have.’” In light of this, are you advising people to dump PHM? Because your previous statements said nothing has materially changed with the company, which I took to mean it was still worth buying...
Peter is quoted in the Globe thusly “If you’re an institutional shareholder and you come in and management owns a lot of shares, then the financing closes and management doesn’t own a lot of shares, that’s when you say: ‘I don’t want this stock and I don’t want this company; I’m going to ditch whatever shares I have.’” In light of this, are you advising people to dump PHM? Because your previous statements said nothing has materially changed with the company, which I took to mean it was still worth buying...