Replies to post #127 on KowaBunga! Inc fka KOW (KOW)

[abh3vt]

Another Form 144 filer, Carol Schmidt, filed to sell 200k shares on June 20.

That obviously put a cap on the rally back then, and the stock is under heavy pressure today as many of those traders who bought in the low 2s a couple of weeks ago lock in some profits.

This stock needs some institutional support!

I checked some data on Nasdaq trader and found that as of March 31, there was only 1.1% institutional ownership. That's why the stock gets pushed around so badly on days like this!

http://www.nasdaq.com/asp/Holdings.asp?symbol=THK&selected=THK&page=holdingssummary

[abh3vt]

Andy Beal resigning from Websourced:

http://www.threadwatch.org/node/3146

This is probably the source of the selling, IMHO. A black eye for the company, as he was the primary person behind Websourced.

[abh3vt]

Finally, the source of the selling is revealed:

Ticker: THK
Security Name: CGI HOLDING
Security Type: Common, Ordinary Stock
Price: 2.1
Description: N/A
Vicker's Insider Index: -25
Insider Index Date: 7/9/2005
Shares Outstanding: 33,322,828
Main Industry: FINANCIALS / INV CO'S (INELIGIBLE INDICES INCLUSION)
Industry: INVESTMENT ENTITIES
Country: Domestic
Exchange: American Stock Exchange
# Insider Holders: 6
% Held by Insider: 21.999
Shares Held by Insider: 7,330,684
Abbreviation Codes

139 Records found
Page 1 of 3 Next >> or Jump to page: 1 2 3

(Sort by Column available for 7000 records or less.)

Filer Relation Geo Code Trans. Date From Trans. Date To Form Type Action Shares Dollar Price From Dollar Price To Current Market Value Type Traded / Owned Holdings
KELLOGG, LEE N/A NJ 7/1/2005 N/A Form 144 N/A 312,500 N/A N/A 968,000 N/A / N/A N/A
KELLOGG, CHARLES N/A NY 7/1/2005 N/A Form 144 N/A 312,500 N/A N/A 968,000 N/A / N/A N/A

[Briboy]

I agree sir

Briboy