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ThisDogBites

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ThisDogBites

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Wednesday, 07/20/2011 4:24:11 PM

Wednesday, July 20, 2011 4:24:11 PM

Post# of 141753
That 8,000,000 + sell/dump at EOD is very sad to see. My god. WTF?


You see, here is what's interesting: that major block of over 8 million, the one sold at EOD for (.0041), which was lower than the bid price at the time of the trade (0044.), was also exactly 10 % less (although , sigh, we had to round up b/c of the 5) of the, then, , ask price (.0045) .
Sigh. I would imagine that is some kind of stipulation when selling restricted shares. What do you think?
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