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Microcap & Penny Stocks : SEDONA Corporation (SDNA)

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To: The Gambler who wrote (385)11/3/1997 2:08:00 AM
From: Ted Zeilstra  Read Replies (2) of 731
 
One insider selling 17,500 shares does not a rush to the exits make. In my opinion, the smart money is still holding the stock.

There are numerous reasons people sell stock, insiders or not. Personally, whether I like it or not, I am going to have to sell a few thousand shares myself in the next couple of weeks to buy a new house. Sometimes these things just happen. I just hope the news in the works is good enough and soon enough that I get a few extra bucks out of the transaction. And believe me, as soon as I can replace the shares I sell, I'll do it.

Obviously, I'm a big believer in the future of this company.

Ted
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