InvestorsHub Logo
Followers 4
Posts 2219
Boards Moderated 0
Alias Born 10/15/2010

Re: Mplmn post# 1328

Wednesday, 01/12/2011 1:28:00 PM

Wednesday, January 12, 2011 1:28:00 PM

Post# of 44231
You do realize that companies don't just sell these shares on the open market don't you? They are sold in private placements at a negotiated price, typically at some discount to current market value, or they are issued as payment for services in lieu of cash. The company or individual receiving the shares then has the option to turn around and sell them on the open market, sometimes immediately, sometimes after a set time period (restricted shares). What you're describing is called a pump and dump, and happens to be illegal.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent WHSI News