Value Microcaps Motherboard

[stanu78]

Insider Trading, Case in point MTWV

Just a couple hours before Metawave post the news that they file bankruptcy.. a local shareholder passed the company HQ and see all/a lot of MTWV employees loading office furniture and computer/PC to their cars and he draw a conclusion that MTWV is closing their doors (I’m not sure if he ask the employee what is going on. That could be the difference probably if he was told that they are closing their doors)

After he sold his shares he posted in the yahoo message board on what he saw… he got hammered by so many posters saying that he will be reported to sec and will be prosecuted… but all he says is let those who has ears listen and they can do whatever they want with the info…

About 4pm (3 hours later0 the news is out.. chapter 11 (though they still has 20M+ in cash and no debt) and stock become worthless…
The guy become the hero.. one by one people who heard him and follow him to sell were thanking him…

Does any of them conduct insider trading? How about the guy?
As far as I know they are all doing fine and not prosecuted by the SEC

The rest of the people who doesn’t want to believe (including me) got wiped out…