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Wednesday, November 30, 2011 8:34:02 PM
I’m not aware of Company selling shares.
I did respond to him with the listing of the form 144s We will see what he says about that.
The company may not be selling shares, but someone sure is, and they have lots to sell. They're also not waiting to get out slowly. On Monday there was a block of 200K shares sold, which dropped the SP quickly. Today we had another block of 200K shares sold, and the SP dropped even more, and even faster. There have also been lots of other 50K+ blocks sold over the past week or so. After the close today, there was another 90K block sold, and this one shows the type as "Form T". Does anyone know what that is?
If it's not Kim's personal shares and it's not the company shares being sold, who else has that many that they want to get rid of quickly, even at these much-lower share prices?
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