News Focus
News Focus
Followers 2583
Posts 329751
Boards Moderated 23
Alias Born 04/12/2001

Re: XenaLives post# 125144

Saturday, 07/30/2011 8:30:08 PM

Saturday, July 30, 2011 8:30:08 PM

Post# of 312102
The red arrow marks the day the Wells Notice was actually issued. I believe that someone with insider knowledge shorted as much as they could on that day to drive the price down. Note that after that day the A/D line actually went up.

Has it occurred to you that people who found out about the impending Wells notice simply SOLD?

I do not believe it is possible for anyone at the company to have such insider knowledge at this time, so I believe the SEC is the only possible source.

And why isn't it possible that one or more people connected to the company knew about the Wells notice? After all, the company says it was aware of it "shortly before" it was received. What is "shortly before"? A few days?
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y