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Re: ed53wa post# 122312

Wednesday, 10/18/2006 12:46:10 PM

Wednesday, October 18, 2006 12:46:10 PM

Post# of 311057
Ed SLJB is not a reporting company, not yet. As a pinkie they can do totally as they please here. IMHO it would be totally foolish of them to PR "we've bought X million shares so far" in this particular situation. Once the company is fully reporting they will have majority control anyway.

Be careful with labeling these "big block buys," I don't think that it has been THIS consistent, but more importantly I once had a mentor (highly experienced investor) tell me that unless you were right there next to all the MMs (and who could possibly be?) there's absolutely no way to be conclusive with this. There's what they actually do, and there is what they want us to see. Yes, it's probably illegal, but then so is much of what's going on in business all around the world.

Beam me up $cotty...
Gig