Post by
Plex1 on Sep 26, 2010 6:18pm
Insider Selling
Why would an insider be selling at .045? Must have confidence -
Comment by
pick4ore on Sep 26, 2010 8:11pm
With over 1.1 million shares sold recently by the founder and former CEO/president, one would question their confidence. Very good question indeed!! All the talk about more pp's would hint that the company has already spent all of its money and now needs more to continue. This spells more dilution of an already extremely low stock price.
Comment by
hockeytown on Sep 29, 2010 8:09pm
because he is afraid that the stock might go to .035 and loose a penny for each share he sells.