Replies to post #235 on Violin Memory Inc. (fka VMEMQ)

[eastunder]

Did you catch this one?

https://www.sec.gov/Archives/edgar/data/1407190/000157104916016366/xslF345X03/t1601650_grant-f4.xml

Violin Memory Inc (NYSE:VMEM) major shareholder Bruce Harvey Grant bought 472,983 shares of the firm’s stock in a transaction on Monday, June 27th. The shares were purchased at an average cost of $0.74 per share, with a total value of $350,007.42. Following the transaction, the insider now directly owns 2,129,832 shares in the company, valued at approximately $1,576,075.68. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Major shareholders that own more than 10% of a company’s shares are required to disclose their transactions with the SEC.

http://www.thecerbatgem.com/bruce-harvey-grant-purchases-472983-shares-of-violin-memory-inc-vmem-stock/


Weird, right?

Why buy now? Why not wait until after the pending RS? What do they know that we don't?