MicrosoftDowns was probably drinking tonight because like a total idiot he gave away some important information. Note in the HSM post below that he said "she" sold" As far as we know, there are only two large female shareholders at IDWD. Stackedcash and Laura Brickley Downs
If stackedcash was the seller, it means that she is bombing big time in the flash drive business.
We know Laura has free trading shares out the kazoo because in 2005 it came out that Downs expected some promoter to pay her for some free trading shares she gave him whch Downs later lied and said she was given because of consulting work she had done for the prior shellholders (--all illegal and crooked of course). If Laura was the dumper, it was most likely to pay for the PGRD shell Downs is trying to buy and don't forget he has told his Probation Officer he works for his wife, lol
Nevertheless, here it is. Also take notice that he has let it slip that Downs issued the conference PR to create liquidity for her selling. This explains why uvh showed up pumping as the stock was crashing.
The final laugher is when Microsoft refers to himself (Downs) as "rich" If he is so rich, why doesn't he pay off the restitution he owes the people he swindled?
Today, 12:21 AM #3155
MicrosoftEngineer
HSM Regular
Join Date: Feb 2006
Posts: 206 Whoever that sold all those shares the last several days sold as if she was desperate for money. Downs could have not issued the PR and this person would have sold at even lower prices. Up to this point, Downs has behaved as badly as HLS and the shorts who have sacked HSM. Could this be a turning point? Did Downs finally realize how rich he already is and doesn’t need to carry out the dirty work for HLS? Are the PR and the conference call a way for Downs to give some decent investors a chance to buy back before he drops the big news? That would be a grand way for Downs to redeem whatever positive image he has left. That and with HLS and longs now probably owning the bulk of the float, it would be a nice, yet inexpensive gesture for HLS to introduce itself to the next tier of investors while salvaging those they have stepped foot on. This sure would beat dropping the buyout news unexpectedly and allowing the MM’s to gap premarket and keep all the profits. If not, if Downs and HLS are pathetically greedy and willing to play more games, then just make sure to set your clock to move even slower than those of them rats.
