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Bullboard - Stock Discussion Forum Union Bankshares Inc UNB

Union Bankshares, Inc. is a one-bank holding company whose sole subsidiary is Union Bank. Its business is that of a community bank in the financial services industry. The Union Bank provides full retail, commercial, municipal banking, and wealth management and trust services. It is providing retail banking services to individuals and commercial banking services to small and medium sized... see more

NDAQ:UNB - Post Discussion

Union Bankshares Inc > Why did Blair sell nearly 80,000 shares ?
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Post by mininglawyer on Nov 30, 2005 2:27pm

Why did Blair sell nearly 80,000 shares ?

Nov 24/05 Nov 21/05 Naughty, Blair 10 - Disposition in the public market Common Shares -52,500 $0.230 Nov 24/05 Nov 16/05 Naughty, Blair 10 - Disposition in the public market Common Shares -8,000 $0.245 Nov 24/05 Nov 16/05 Naughty, Blair 10 - Disposition in the public market Common Shares -16,500 $0.235 Aren't these guys going into production soon ?
Comment by Flipper59 on Nov 30, 2005 3:35pm
Do you think you help this board any or share price with your little scare tactic.He owns dare i say, well over a million and as was stated and it could have been done for strategic purposes.You neglect to mention the purchase of shares in the 25-28 range.OOOOPS
Comment by Sevster on Nov 30, 2005 2:59pm
Keep in mind, Blair is a stockbroker - "Mr. Naughty brings to the table 17 years of experience in the stock market as an institutional trader". Whether this is good or bad, decide for yourselves. My guess is he doesn't expect price to go up till after XMas. Today my chart on UNB says BUY. Good time to add to your position.
Comment by THEPOPE6 on Nov 30, 2005 3:13pm
Or Maybe he was trying to help hold the stock price down to help keep the Stock price within the Limits to Close the P.P. Just A Thought though...Just A Thought!! Remember..Blair bought about 1 Million shares between September and October... 80,000 shares is Nothing compared to what he Owns. Remember...He had a lot of shares before he bought those 1 Million Shares!!
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