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Re: Bogatstvo post# 8977

Friday, 12/30/2011 4:01:07 PM

Friday, December 30, 2011 4:01:07 PM

Post# of 54954
He couldn't have been that stupid

I'm sure he must have bought at .002 and .02 is a typo

Insiders always buy at a discount. They don't buy at super inflated prices.

He could have bought 4 times the amount ( 12M shares ) today at .005
and ten times the amount ( 30M shares ) at .002

No way this insider bought 3M @ .02. Why would an intelligent investor do that when he could have bought 15M shares at .004 when it was announced?

It's a game to lure naive investors and they just got slaughtered on another dump of Toxic Convertibles