Tuesday, April 16, 2024 3:52:38 PM
"Sharp wont sell his and he is listed. How do you know "his friends" are selling? Just because the restriction comes off doesn't mean anyone is selling. And who would buy a stock that can never be sold?"
Most of the time the CEO never sells his stock - then he says I have never sold a single share. But Sharp has insiders such as guys like Louis Sapi "loan" the company money and give him very favorable terms for repaying the loan such as repaying the loan with stock at a discount.
There are many of these OTC scams - for the insiders to enrich themselves.
The filings aren't reported to the SEC - so they can make the financials anything they want.
IG
The First Casualty of Emotion is Reason.
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