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MNYC

01/27/11 11:20 AM

#15666 RE: surfguy #15663

I wonder about that too because ST accuses David Otto & friends of "pump & dump" to profit from this incident.

I'm not trying to defend anyone from GeoBio here but I doubt that Otto & co could ever have imagined ST making such a big mistake so that they would ever be able to exploit ST's mistake.
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stockmarketmadness

01/27/11 11:25 AM

#15667 RE: surfguy #15663

According to the 10k they were given shares, but no where does it say they were allowed to sell the shares
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Manti

01/27/11 11:35 AM

#15669 RE: surfguy #15663

I personally think they were selling on that last drop from the .6 level to .15. They haven't followed any of the laws yet, so I wouldn't expect them to start now...