News Focus
News Focus
Followers 247
Posts 11241
Boards Moderated 0
Alias Born 12/16/2012

Re: jhnvtjll post# 276

Tuesday, 03/25/2014 8:36:45 PM

Tuesday, March 25, 2014 8:36:45 PM

Post# of 459
Insiders know when substantive news is due

They are the ones planning and hopefully executing their plan

They can do nothing with the shares they buy until 6 months has transpired...

This is SEC regulation and is aimed at companies that know material events will occur and buy stock immediately before so they can benefit

So let's just say in a hypothetical situation $QLTS goes to .10 and sustains this price a few weeks

The family has their eye on a mansion that costs $1,000,000. All they have to do is sell 10 Mil shares and they can purchase with cash

If they were at month 3 after and sold 10 million shares they could go to jail


Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today