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Gold Seeker

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Gold Seeker

Re: gaboy47 post# 23745

Thursday, 10/22/2009 2:51:07 PM

Thursday, October 22, 2009 2:51:07 PM

Post# of 30387
Gaboy: "I just don't see them selling right now, why settle for peanuts."

You are making some assumptions. First you think Smithline could sell much higher. Next you think Smithline is an insider. He is not an insider.

If not Smithline, who else would have the ability to sell so many shares today. If you think it is an actual shareholder bailing, that could be even worse news for the stock.

IMO, what you are looking at is guaranteed money for Smithline and he is taking it.
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