Medipharm Labs Corp T.LABS

COB sells off a million shares

[Agitatedholder]

Pat McCutcheon selling off a million shares doesnt scream "confidence"

[jayc1]

one step forward three steps back

[checkup]

This post has been removed in accordance with Community Policy

[Righttothetop]

What's Patty doing these days?  Given he's not doing much of anything, I expect his CoB stipend don't pay for the perks of life....just may have to liquidate a bit of the holdings to make ends meat.....just sayin'

[corvette67]

If you knew this was junk and only paid $.07 or so, you would sell too.  Just saying. GLTA

[jayc1]

He is the only one to sell in quite a while infact there was insider buying in may end

[cyberman]

of course we'll be the last to know what's really going on but why else the run up recently at close to 48 cents and then 44 cents the other day, seems like word was getting out, my guess is a new CEO announcement, is Bruce Linton still available LOL, seriously, get a BIG name in there already ! until then they are plugging away and seems to have a long term approach, the fact that they

[cyberman]

correction, run ups to 58 cents and 54 cents.

[Righttothetop]

The run-ups are likely orchestrated to allow certain investors to exit and/or continue to play the short game.  LABS has been stuck in this trading band for a long while which is totally consistent on it's financials implosion. It is not getting any love for the groundwork that was done in the years leading up to this and naturally that is taken as an indication that the team can't

[cyberman]

oh ya i've seen the gamesmanship, pinksheets, otcbb etc. but i'm betting that's not the case here, i prefer thinking that someone thought they knew something and loaded the dinghy too soon and are prepared to wait it out now. valid points though, sounds like you're 50 - 50, i think we're worth more, the dilution sucks but thats business and the home office ain't selling

[lscfa]

He got canned from CEO job in December. Needs a paycheque.