InvestorsHub Logo
Followers 74
Posts 7117
Boards Moderated 0
Alias Born 03/31/2010

Re: Militia Man post# 20251

Tuesday, 01/18/2011 2:22:05 PM

Tuesday, January 18, 2011 2:22:05 PM

Post# of 91121
As the company has said they know they are closely watched due to all the activity and are aware of the restrictions on selling insider shares. They would have to file a form to sell insider shares which would appear on pinksheets.

High volume can be due to shorting,naked or otherwise,plus plenty of daytrading and mm games. There's no reason they would be selling when a dramatic rise due to revenues is coming in next few weeks and they are going to do a ca 60% buyback of float and proportional retirement of insider shares.