Here's the illicit details on ZVXI....
Day before earnings release the volume was at year high and price was up 7%...
7-Nov-05 11.50 11.64 10.80 11.08 382,200 11.08 4-Nov-05 10.26 11.40 9.90 11.40 862,400 11.40 3-Nov-05 10.48 11.10 9.57 10.10 1,229,300 10.10 2-Nov-05 8.45 10.65 8.43 10.26 3,392,700 10.26 1-Nov-05 5.00 5.48 5.00 5.39 109,200 5.39 31-Oct-05 5.05 5.05 5.00 5.00 1,000 5.00 28-Oct-05 5.00 5.00 5.00 5.00 0 5.00 27-Oct-05 4.99 5.00 4.99 5.00 2,500 5.00 26-Oct-05 5.00 5.00 4.84 4.84 1,300 4.84 25-Oct-05 5.00 5.00 5.00 5.00 0 5.00 24-Oct-05 4.98 5.00 4.97 5.00 3,100 5.00 21-Oct-05 4.78 4.78 4.78 4.78 0 4.78 20-Oct-05 4.78 4.78 4.78 4.78 0 4.78
Heck alotta days ZVXI had no shares traded..
But clearly on Nov 1, some folks caught whiff of illegal insider info on a good earnings quarter in the following day.
and they bought about 75k shares on Nov 1...
then the following day this illegal asshole was sitting on a $450,000 gain
In fact Nov 1 volume of over 100k shares was the highest volume in OVER A YEAR.
Where is the SEC in this? SEC bunch of limp dick losers. |