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Non-Tech : Ashton Technology (ASTN)
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To: Sir Auric Goldfinger who wrote (2078)7/19/1999 2:21:00 PM
From: mst2000   of 4443
 
AG: My friend who filed a 144 of his restricted stock in a NYSE listed security over 5 months ago still has not sold his shares. Guess that puts the lie to your oft-repeated, but clearly erroneous, assertion that all 144's are filed simultaneous with or shortly after the sale. It must be very burdensome to be so pompous.

Here's the difference between you and me on this issue: In my view, even if the restricted stockholders (or for that matter, true insiders) ARE selling, as long as the true insiders are only selling a relatively small percentage of their positions, it is not significant. And if they are merely registering for possible sale and have not sold yet (as I personally believe many of them are doing), it means even less. In fact, in that case, the 144 filings can be viewed as a bullish sign. Whereas you won't even concede that a "true insider" who has filed a 144 but has not filed a Form 4 by the 10th day of the next month has clearly NOT sold his or her shares. And you've been posting 144's for months now . . . in that time, ATG has gone from 6 to 16 to 7 to 13 to 10 1/4 (now) -- hardly a plummet and not all that surprising for a speculative development stage start-up.

Auric -- posting 144 filings on SI and saying that the stock is "plummeting" when the aggregate volume over the past 5 days is less than it would normally be on a single high volume day tells me once again that your posts are not worth the magnetic storage space that they are "written" on. Try some reasoning next time - its usually a more effective way to critique a proposition. Ad hominum attacks don't mean much, though they do seem to be at the heart of most of your posts.

MST
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