Franklin Mining, Inc. (FMNJ)

[imanjen13]

I believe it was my post in December referring to jaimes filing of an intention to sell up to 20 million shares which caused americano to bail as he feels that insiders sell when they believe the stock is going to go down because of some future bad news the market doesn't know about. If a person used that criterion for stock ownership, there would be no stocks he can own since all insiders sell stock from time to time for reasons only they know. Since he is on the pinks, it was not necessary for him top] make this public until the 10q was filed but he is following reqirements as if company was on nasdaq. MY theory is that he expected the stock to make a big move based on future positive events so he could sell on strenght in a rising market.All smart investors would be wise to take some money off the table on a big percentage gain move in my opinion.Sell some and pray that you are wrong is my philosophy since you still have a good position. You then can buy back if it retreats or diversify as you wish.It works out pretty well and avoids the frustration of seeing big paper gains disappear.