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biosectinvestor

04/16/17 9:12 PM

#113283 RE: Kap10jak #113280

Well, if that's the case, we already know that he has said that he believes in the technology, not even all that long ago. He would not say that if that were not true, and he would not say it if he thought the halt was due to futility, IMHO.

I am not advocating that theory. I don't think it's likely he has inside information that would prevent him from selling, and I think while it's going down or a penny stock, and while it was halted, he could not buy to fulfill his basic duties as a money manager. But I've said that for a long time. My view was the fact that he had not SOLD was the more telling measure of what he thought of the prospects of the company because if he thought it had failed, he'd have had a fiduciary duty to preserve the capital of his investors.