Replies to post #2703 on XG Technology, Inc (XGTI)

[calbwt]

Those Are NOT Buys.

Check out the transaction codes and footnotes. Those are all free shares being given to them as part of the employee incentive program or as compensation for serving on the board of directors. Virtually all of the insider transactions in the past couple years have been free shares given as incentive or compensation. These guys are smart enough not to throw their own money down this hole.

Note Belinda Marino's form 4. She SOLD the shares 5 days after she was given them. In fact, she always sells the shares she's given. Look at her past form 4's. She knows they'll be worthless very soon.