Post by
chryslerman on Oct 22, 2013 1:25pm
4- month hold
on the 10 million shares is over nov. 3- I never understood these placements- won't that put pressure on the stock price for weeks to come? please comment
Comment by
GNteam on Oct 22, 2013 2:49pm
You are correct Chryslerman. Rumour has it that GIX has some news coming soon. Chances are if it is good and the stock starts to move to the upside, there will be a lot of selling. IMHO GNteam
Comment by
PV_fubar on Oct 23, 2013 10:12am
Nope.... management financed their own project.
Comment by
chryslerman on Nov 01, 2013 4:22pm
Last 2 trades were by Anonymous @ .105- not a good sign , 4-month hold is over Monday, is the selling starting already?
Comment by
casey13 on Nov 01, 2013 8:18pm
They don't have to wait the 4 months. They can sell short early and then use their shares to cover after the hold period.