SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Dragon environmental----drev

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Gary Price who wrote ()6/21/1999 9:25:00 PM
From: Norman H. Hostetler  Read Replies (1) of 372
 
Hi, DREV game players, I noticed today that Basil Meechum filed in late April and early May to sell 130,000 shares of stock, right after the upbeat press release of April 15, and while he was touting the "big news" that turned out to be the late May press release. I don't suppose anybody bothered to ask him why, if big news and a big stock price jump was due shortly, he was using his shares to help supply the buying volume surge?

I'm sorry I didn't check insider sales data at the time, but those of us who have been following DREV for a long time did try to warn you that this stock follows a classic pump and dump pattern, and gives you no solid data that would permit you to analyze the quality of the hype. I hope no one was burned too badly.

=+=+=Norm Hostetler
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext