RE:It is illegal for insiders to sell on inside informationDude you gotta lay off that crack!
wheresthemeat wrote: What I don't know is, exactly what the timeframes are but it seems very strange that they'd be allowed to sell (or any company) when they have the Q'ly numbers in their hands and start selling millions of shares, just before those numbers are released. And as it turned out the numbers are terrible.
Numbers that nobody has access to but insiders and they acted on it.
Seems their actions are pretty black and white to me.
Again, my gut is telling me there is more going on behind the scenes here....something a lot worse is happening....we'll see.
Why were they always taking $500K blocks of money, sometimes twice a week. Why that number? Why not just take $4 Million in one swoop ad it would have been at a far higher price. Who profited from that walk down in SP....hmmmmmm
I used to go on about that if you recall....instinet / alumina shorting the stock and profiting on both sides of the trade...remember that? Who got payed off in millions of free warrants to allow that....assuming it's true....
Oh yeah, something really stinks here.... interesting couple of weeks ahead.