Payment Data Systems Inc (PYDS)

[nealg]

They have slowed down

http://www.reuters.com/finance/stocks/insiderTrading?symbol=PYDS.PK

but he is still selling. Probably approaching $10,000 worth in january

I don't know how this merger will affect things in the long term. I also see that Hoch got an additional 8 million shares( over a million dollars worth based on the present share price) as a bonus for something I am not sure about which gives him a lot more shares to sell. I don't blame him for trying to diversify his holdings but I do think he and his sales are holding the stock down. I haven't bought any more for a while but I would be willing to buy more and pay more once I am more certain about how this merger will work for pyds and I see something more concrete on how Hoch plans to dispense of his 10s of millions of shares.

Just my take on things.

Good luck out there.