I'm not sure what is more absurd the lack of rationale in your statement or the possibility that you expect anyone to believe it.
First the COO sold 145,000 shares of his paltry holdings which even at the market price when he sold were only worth $40k, currently only worth $20k. There is technically 0 insider holdings of the stock. I understand that there is an incentive for the insiders to hold some shares at a certain point in time in order to qualify for a bonus which is why he picked up the stock in the first place, but the insider selling $40,000 worth the stock doesn't mean jack when these guys drop 40 grand like you or I drop $4 at the coffee shop. As I have mentioned previously on this board if a buyout is in the works it may have already been negotiated. That means that if the insiders are privy to the deal and they may be complicit in the takedown of the price prior to the buyout offer. If this is the case and then it would be beneficial for them not to be owning any shares of the stock as it will create the appearance of innocence; if they were expecting a buyout or were complicit in a share price takedown and a backroom deal, owning stock would make them look guilty. And this is their game, and they know the rules because they write them.
And regarding the institutions 'playing tennis', with this before dumping it, that's ridiculous. With only 5% institutional ownership there's no playing tennis going on. That is why we are in the price range that we are because the institutions have already dumped to this. Now they will be looking to get back in which is why you are here to accumulate while keeping your accumulation under the radar. The institutions have left this party long ago. I believe we are currently in the accumulation stage for this stock which is why I believe trolls like you come on this board and marvel at the optimism when really there hasn't been any optimism. All there is been is you and swampYankee and palsucksbux and me. You've come on here and claim to have no position yet always a negative endorsement, like a reverse split or possible delisting or bankruptcy. I have been the only optimist on here for months. This morning was the first time I saw another member post that he was buying accumulating or going long. There's no optimism bud, it's only been pessimism but skepticism is the next step followed of course by optimism euphoria. You were long but you got out at 30 cents? why didn't you say anything then? and you wait until the price dropped 50% from that point and then you come on and say you think this is a sell. Give me a break, you guys and your pseudo logic, you're twisting and manipulating of details and facts, the harder you guys bash more optimistic I become.
