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Re: WhiteSahara post# 26088

Wednesday, 02/07/2007 12:24:38 PM

Wednesday, February 07, 2007 12:24:38 PM

Post# of 63795
I don't know of a firm that has had restrictions taken off early. That would indeed be difficult, and probably wouldn't happen unless there were special circumstances, such as a key person's estate needing to be settled or something. Anyone interested could probably find examples. But I wasn't talking about that. I was talking about restricted stock being sold. It's not that unusual. And those sales do find their way into the marketplace, through various means, not all of them legitimate. Maybe not any of them. But sales is sales.

And who knows how many UNrestricted shares the insiders have been dumping?

Only the insiders. And you can bet that when they get ready to buy them back, it will be just before the next big PR. Insider trading is illegal, but it happens--especially in the pinks. If I were in a position to do so, and had no scruples, I'd be bouncing this stock back and forth between .20 and .40 as long as I could keep the spin machine working. Lather, rinse, repeat.

People make a lot of money doing it.

A good bottom's hard to beat.

e

Volume:
Day Range:
Bid:
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Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y