My gut instinct tells me one thing we can hang on to. I don't think Cruz called the TA and had the register changed on those restricted shares. His total skin loss is quite large in this. I highly doubt he wishes to be held accountable by the SEC or the Justice system for not following the appropriate rules in regards to selling restricted shares. Dumping them without reporting will catch up to him and I don't think he did it. I could be wrong, but doubt he did it. He can start selling a portion per month starting in November for a huge loss. If that's his goal, he's well on his way to accomplishing it.
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