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Perhaps they should sell more. I think they know what
we know: The stock price is the result of the market, rather than the company itself.
The stock would go down with the S&P, but suppose the market keeps
making higher highs: wouldn't that attract more competitors
--especially brokerage firms with their own snazzy software? I think
TRAD has to come out with something new and great in order to sustain
these levels. I suspect that nothing will be done until the stock
returns to its comfortable $2-3 area.
-F
Friday, April 23, 2004, 7:42:51 AM, you wrote:
GF> FYI for anyone holding TRAD stock: The Cruz boys and their
GF> trusts have sold about 200,000 shares of stock in the last few
GF> days. Alltogether it looks like they still have something like
GF> 40 MILLION shares left so it's not like they're dumping
GF> everything, but it's interesting that they decided to liquidate a
GF> significant chunk all of a sudden. Maybe they're just raising
GF> cash to buy a new cigarette boat or something, or maybe they know
GF> something you should know?
GF> Gary
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