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Re: RIGATONI post# 38917

Thursday, 08/10/2006 10:10:57 PM

Thursday, August 10, 2006 10:10:57 PM

Post# of 311057
Well said Rig. I am convinced that SOMEONE is buying at the bid in million share blocks AND they are carefully adhereing to SEC re-purchase rules. Since Wessal is not the issuer it most likely is not Wessal. So who must adhere to Rule 10b-18? Is it only the issuer or does it apply to any insider? Or are these transactions at the bid a careful orchestration to shake the pps down to prepare for Wessals imminent purchase of 25% of the OS? Although the pps suffers as buys go off at the bid and the MM's walk the pps down to where big buys lie waiting, it is also encouraging to know that Someone is confidently buying a shitload (that's a legal term) of stock.