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Re: trade2much post# 2108

Monday, 10/09/2006 11:24:58 PM

Monday, October 09, 2006 11:24:58 PM

Post# of 15247
Hello Brent and all,

I am still in the learning stage of stocks (and patience).

I try to do dd but I usually rely on others. I check out things from a learning standpoint and hope I can put in some dd that can be helpful or learn from.

FLIP.ob I actually checked out because I was curious if it was a "flipper" thing or a real stock. I have not done much dd but will share what I have.
From the yahoo finance site the info I have shows that the CEO - Scott owns approx. 5,050,000 share @ an average of .0213 = $107,758. He bought from 8/26/05 to 8/31/05 in the .06 to .069 range of 100,000 shares. In Dec. 05 he puchased 4,850,000 in the .02 to .025 range. Recently he has been buying again 20k @.05, 30k @?. I am figuring his 5,050,000 shares @ $107,758 = .0213 per average per share.I don't know how to intake volume/float,etc. so any comments will be checked out.

Thanks to all in advance. All of this is pure newbie opinion so don't take it to heart.

Lots of luck to all, laf!
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