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Re: Echo20 post# 55605

Friday, 11/04/2011 2:19:05 PM

Friday, November 04, 2011 2:19:05 PM

Post# of 146240
Evidence? None. However, antecdotally, the stock price has gone down for weeks every time a new round of financing has occured with these guys. Either they are selling some (as would be prudent given the deal they have), or current holders realize that they are getting further diluted so they lighten up.

Addtionally, the price has often bounced back after the term of the Seaside financing ends.
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