No More Trust In Mgt or BreigerI wasn't going to post but I am a bit pissed off & thought it may help a few of you to keep your heads up with this stock. I was stopped out at .83. I am a big boy & can take my lumps however the way it happened that is suspect at best.
They issue a NR on outgoing Pres. which strongly suggested there was some sort of issue. My question is why do it this way? Is it not factual, pertinent, prudent, and responsible to also add that he was going to stay on the BOD? So why not say so?
I note that there was an insider marker report that came to me the next day showing that an insider bought 60,000 shares at .88 on the day of the NR. So what the heck is that about? I know it's a small amount but actual insider activity may not be out for another week. The marker only says that an insider bought, not who it was.
Anyway, just ask yourself why was NR done this way? What could possibly be the reason? Let's get real!
Good Luck to you all but keep your heads up!
Cash