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Microcap & Penny Stocks : ADSN - Advanced Systems International
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To: Brad who wrote (623)9/27/1999 10:06:00 AM
From: Crazy Canuck  Read Replies (1) of 895
 
>>maybe I'm overreacting<<

I believe that it may be a bit premature to pull the pin on a company because one sales person has registered a third of his holdings so that he can sell them when he wants / needs to.

I don't know if anyone knows his reasons for doing this. Maybe he and his wife have the opportunity of a lifetime on some property that they have had their eye on for a number of years, or maybe they are helping out a relative who needs cash, etc., etc.. The point I am trying to make is that you don't know what is behind it, and in my opinion, isolated instances like this are really none of our business.

That said, when you see a good number of the management team in a company doing the same thing, then it will make me sit up and take notice. Don't get me wrong, eventually we will see many of them registering to sell. It is going to happen, otherwise why would they accept shares as part of their compensation. It is just that this should be put the proper perspective.

Obviously, I would like more investors in the stock, (it makes for greater supply - demand action), but I also fully understand that everyone has to feel comfortable with their investments.

Good luck Brad, I hope your investments are good ones.

Crazy Canuk
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