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Re: jjj373 post# 8919

Sunday, 03/27/2011 3:00:39 PM

Sunday, March 27, 2011 3:00:39 PM

Post# of 11180
373.....your first paragraph is valid but they had him in the box July/09...........Another case I owned stock in was LQMT...CEO buys LQMT after owning a small medical device company which he sold to WEBMD.....In 2004 he is indicted for fraud with the previous company.....of the 16 people indicted , 10 plead guilty...............six others including the CEO I referred to go to trial Jan/10 .......First week of March all six found guilty......End of April/10 Ceo and one other have their cases thrown out by an Appeals Court judge....Reason.....the gov took to long to bring them to trial.....Meanwhile the stock price went from $22.00 to 11 cents .....Rebounded in Aug/10 to $1.74 now sitting @.54 or so.......This is another case where info was not given to the public........