Heavy undisclosed selling by CETX insiders during paid promotion.Documents: Founder Aron Govil is secretly paying promoters via an undisclosed entity with little or no other activity.
Clearly, the Enron trials have not closed the book on corporate fraud.
A new boardroom scandal is roiling Wall Street: stock options backdating.
That exercise price, or strike price, usually takes one of three forms: the closing price on the day of the grant; an average of the highs and lows of the day; or the closing price from the previous day.
The lower the strike price, the greater the potential for making money when exercising the options.