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Weave

01/13/10 2:12 PM

#21906 RE: @-@ #21905

Based on that - we have another 8MM+ share day - and they buy 1MM shares.........THAT would make a ton of peeps go DAMN and pile in.

Not inferring purpose, reasoning, etc - but big insider buys make many folks take interest to upcoming future events.

Just IMO. MO don't mean squat obviously. :)

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Run4It

01/13/10 2:17 PM

#21907 RE: @-@ #21905

2 things about that mookies...

1) they can buy 25% of the average daily volume for the last 4 weeks and,

2) they can buy at the ask if the last transaction was at the ask:

example bid is .008 ask is .009 and the last transaction was at .009 then the company can buy their shares at .009

http://www.investopedia.com/terms/r/rule10b18.asp