I didn't see a P&D here. But I do think there was a comedy of errors surrounding this last run. I don't think the promo was a good idea because P&D is always the first thing that comes to mind. And I think it was pointless for Clint to buy tiny amounts of shares as that seemed unusual as well.
But, the promo was paid for by a lender that increased it's holding significantly and locked those shares up for six months...with EI's SEC attorney...not "dumping" them into the market. One officer of the company sold an insignificant amount of shares IMO...hardly enough to be considered a "dump"...and supposedly to provide operating capital to the company.
It seemed to me there was healthy churn for quite awhile around .01 until "players" took control back. Probably will be like that until "real" investors show up...They will come if the Q's show promise...IMO
Was there something about the recent trading that leads you to a P&D conclusion? Or is it simply because there was a 3-day paid promo and therefore it has to be a P&D? I'm new at this...just trying to understand where you are coming from with the P&D scenario. We did have a real P&D in January 2009 IMO...but I did not that see it that way this time around.
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