InvestorsHub Logo
Followers 99
Posts 2761
Boards Moderated 2
Alias Born 02/10/2004

Re: zenvesting post# 489

Thursday, 08/26/2004 11:53:04 AM

Thursday, August 26, 2004 11:53:04 AM

Post# of 27534
ADGO: I called IR and left an annimate complaint about the lack of news and the fact the Chairman is selling. The least they could do is issue a PR about earnings to increase liquidity for the chairman to sell into!

He's sold 256,500 of his 340,000 he registered to sell in June....so I hope he's done soon. I continue to hold because of value, but am very disapointed that the chairman would sell so cheap. My only hope is that maybe he's deliberately selling these during this low-liquidity to deliver them to institutional shareholders that will support a move higher in this stock eventually? Maybe...I hope? I'll wait and see if institutional ownership has increased since last quarter.

"Our houses are such unwieldy property that we are often imprisoned rather than housed in them." - Henry David Thoreau, Walden: Economy, 1854

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.