A.W.Post,
Sorry for not responding sooner but I think we have a VERY STRONG CASE against Salton's MARKET MAKERS and/or the CEO of SALTON HIMSELF. Salton's President,L. Dreimann, sold 150,000 SHARES OF HIS STAKE IN SALTON ON MARCH 1, 2002, for what is CLAIMED WAS $23.50 PER SHARE. BUT Salton's STOCK PRICE NEVER reached, REPEAT, NEVER reach $23.50 ON THAT DATE. According to my RECORDS( and please check with as many sources as you can)the stock PRICE reach ONLY THE HIGH OF $20.35 ON MARCH 1, 2002. THIS IS WAY, WAY BELOW THE $23.50 CEO L. Dreimenn claims HE RECEIVED FOR HIS 150,000 shares OF STOCK HE sold IN SALTON ON MARCH 1, 2002. ON MARCH, 4, 2002, SALTON SHARES REACHED $23.60 and went SOUTH afterwards thanks to our beloved MARLET MAKERS. WHAT HAPPENED?? Does something SMELL VERY, VERY ROTTEN HERE? YOU BET! This is going to be the basis of MY/our LAW SUITE against the MARKET MAKERS and/or the CEO, L. Dreimann, of SALTON. I think WE, Salton investors, have a VERY STRONG CASE AGAINST SALTON'S MARKET MAKERS AND/or SALTON ITSELF. I am talking with a law firm about the CASE...... Stay tuned. |
