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Whiplash_Investor

03/09/13 7:27 PM

#17839 RE: Steve White #17835

"volume here is board members passing shares around"

If you check security regulations, rule 144, I think you'll find that any shares issued to insiders (board members and officers) as part of IPOs/mergers/acquisitions are required to have restrictive legends for 1 year, so the volume can't be board members.