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There is nothing illegal about any of this... I don't understand the purpose
of postings like those below... (???)
It is perfectly legal for "insiders", including corporate officers and directors,
to buy and sell for their own accounts. They simply need to make the appropriate
filings with the SEC.
OM
At Thu, 10 Feb 2000 14:47:30 -0600, "James F. Mazzulla" <tagteam@xxxxxxxxxxxxx>
wrote:
>
>Maybe I missed something but has anyone seen the recent
>filings which show the VC group (SAIC) offering 6,700,000sh
>thereby reducing their stake in NSOL from 44% to 23%. Well
>timed, to say the least.
>
>http://www.nasdaq.com/asp/quotes_sec.asp?symbol=NSOL%60&selected=NSOL%60
>
>Didn't see anything about dentists in the 424B1. <g>
>
>Phil wrote:
>>I hear what you're saying - I don't think it's manipulation except
>somehow
>>they managed to keep the price from blowing out on the day in question.
>Did
>>you see the SIZE of that volume spike?
>>This was probably NOT an organized consortium of daytrading dentists.
>It
>>must have been a giant mutual fund or something. I just think the timing
>of
>>the day in question is extremely suspicious. Sure looks like somebody
>knew
>>something, but maybe they were just guessing.
>>
>>Don't get me wrong, I'm glad stuff like this happens - It's a great
>clue!
>>rgds phil
>
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