thanx, now re. insider trading
Charles, when this was an issue for me in the middle of last spring,I spoke with Mark White. My recollection is that there are planned sales on a quarterly basis by Pacific Baja principals and insiders.
The reason for this has to do with deferring capital gains out over time and not taking a big tax hit after the sale to TRBD. I believe that the names below are all part of this process. not sure of the others, but you might explore old SEC docs on Edgar to learn the names of the other Baja folk.
28-Jul-98 BALABANIAN MUGERDISH Planned Sale (144) 100,000 Common - $1,568,000 28-Jul-98 JOYCE FAMILY TRUST Planned Sale (144) 87,615 Common - $481,250 28-Jul-98 JOYCE MICHAEL J Planned Sale (144) 50,000 Common - $481,250 28-Jul-98 RENBERG LENNART Planned Sale (144) 187,615 Common - $1,805,794
I don't have the answer to your Q re. the ALD's new turbocharger?
good luck |