GIFS Message Board - Msg: 1316790

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Microcap & Penny Stocks : GIFS

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To: David Hurd who wrote (5990)	5/2/1997 9:23:00 AM
From: craig crawford	of 8012

I'll leave the stupidity to the people that are still clinging to their FTEL shares. FTEL insiders are selling shares right now, you just don't see it. (That is unless you look at the stock price) 5 insiders registered to sell in March. There have been at least 5 more in April. The last week in April hasn't been reported yet but there have been over a quarter of a million shares registered in the latest two weeks of April. I notice that a lot of FTEL people also like GRNO. Well there were no less than 16 insiders filing to sell in March, and more in April. Look at the stock price. You figure it out. Why would insiders register to sell shares "just in case"? It doesn't look good and raises concerns and doubts. Insiders register to sell because they are looking to get some profits. Fine. I will admit to being wrong temporarily and qualify my statements. FTEL insiders have been planning to sell boatloads of shares. Is that better? I will come back with some proof later. In the mean time you would be advised to proceed with caution. You can always buy it back later so why take the chance?

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