A@P VOTE: Guilty or Innocent? Message Board

STOCKTALK

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.

Pastimes : A@P VOTE: Guilty or Innocent?

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: PartyTime who wrote (457)	6/16/2002 7:17:50 AM
From: Bear Down	Read Replies (1) of 717

The only thing interesting about TERN is how the DA and the SEC let them get away with the exact same thing they are now nailing waksal an IMCL for. In TERN, the CEO, his brother and the then CFO all sold stock ( and a ton of it) after recieving the cease and desist order from cable labs. This letter was not made public and trades were effected immediatly after TERN got the letter. When the lettter was made public by callers on the conference call, TERN stock plummetted. (Thank you Mike Hunt and friends) TERN even denied getting the letter during their conference call untill it was shown to them to be real and that it was posted on the internet. It was one of the most blatent cases of insider trading violations I ever saw. I did report it but saw nothing done in response by any gov agency. However, gravity and reality eventually took hold and TERN has lost nearly 99% of its value. Call it market justice.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next