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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.
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To: J. Nelson who wrote (29480)2/22/2000 12:43:00 AM
From: Jim Bishop  Read Replies (1) of 150070
 
This too Jim.

"Typically, however, the shares indicated on a Form 144 have probably already been sold by the time you see the document. If the seller is an insider, they may actually file the Form 144 and Form 4 sale at the same time. This makes sense. After all, why would the holder go through the paperwork of a Form 144 unless they were ready to pull the trigger?

I don't usually get too excited, either way, about 144 filings, unless the list is a couple of screens long, and it's a gazillion shares, then I'm onto something else.
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