Envirogen(ENVG) Message Board

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Microcap & Penny Stocks : Envirogen(ENVG)

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To: christopher who wrote (36)	10/24/1997 2:32:00 PM
From: FIFO_kid2	Read Replies (1) of 59

Today we see a delayed reaction on the resignation of the CEO. I am speculating that the CEO is selling his shares. I am very concerned here because the prospects were just beginning to pan out and then we see this alarming development. Unlike the situation at Voxware VOXW, when the CEO sold his shares a market maker recommended the stock and accumulated the shares. We are not getting any support here by any marketmaker on the sale by the CEO. You also must be concerned that something could be wrong. It is not common that you would leave when you are in the beginning of something good. Then again he could have been forced out by the board because the stock still has languished in performance. In addition, this stock was affiliated with David Blech in the past which is definitely a big negative. Good luck with your investments.

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