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Re: jackg152004 post# 50696

Thursday, 10/22/2009 12:44:45 AM

Thursday, October 22, 2009 12:44:45 AM

Post# of 68510
Just two points about the scenario you suggest.

First, I am pretty sure it is illegal. All that insider information and deals for publically traded stock.

Second: The investor must have incredibly bad timing. The only time the stock traded near the .15 he paid was the morning of 8/10/09.

8/7/09 PPS .065
8/10/09 open .080 high .12 close .096
8/11/09 PPS .070

You say he would do this in exchange for secret information the company told him so he wouldd know he would make a killing. Gee, if we figured it out - maybe the SEC could? NAAAA


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