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nit2win

07/02/17 12:55 PM

#48769 RE: LouisDesyjr #48767

Wrong LouisDesyjr........

We obviously have been ignoring my very informative posts about how Officers, Directors, Affiliates and people with control blocks (over 9.99%) of shares CANNOT "dump" shares into the market.

There are a plethora of SEC rules and guidelines starting with 13G disclosures and a FORM 4 filing for intent to sell within a 90 day period, which much be filed through a broker/dealer to the SEC, who then disseminates that information to the public.

Then the seller must adhere to strict selling restrictions based on the 4 weeks previous trading volume or 1% of the outstanding shares and can only leak out a small amount at a time.

A good education is a powerful tool in the market!