InvestorsHub Logo

boatman

03/19/10 9:37 PM

#94018 RE: joelotto #94017

joe,DIElution here with qasp as clear as mud.

vincednj

03/19/10 10:18 PM

#94022 RE: joelotto #94017

Have to respectfully disagree. That amount of volume (low for a news day) indicates trading by insiders. I would estimate that about 50% of the shares sold today were by those who knew the PR was going to come out and were prepared accordingly. It wasn't a major take, but a million shares bought on prior days @ $.014-.015 (14-15K) nets you a nice $2/3K profit per million shares when sold at the peak, which was what happened. It was a quick, easy, and very efficient way to pocket a nice little $20 to $30K profit. Good work if you can get it. If I can catch the next one I'll buy Dean a nice pair of white shoes that go with his nice, light colored sport jacket. Florida law requires that all male seniors wear white shoes when sporting a light colored outfit, especially at a restaurant when catching the "early bird".

Amazz

03/19/10 10:20 PM

#94023 RE: joelotto #94017

It certainly didn't make a gain on the acquisition news.