May be the stock went down because of the latest SEC filing that this came from:
During the month of December, 1997, Warner-Lambert sold an aggregate of 4,126,365 shares of the Common Stock of the Issuer on the open market or in private sales in the following transactions: (i) 164,865 shares on December 8, 1997 on the open market at a price of $0.2029 cents per share; (ii) 15,000 shares on December 9, 1997 on the open market at a price of $0.20 cents per share; and (iii) 3,946,500 shares on December 12, 1997 in a private sale to the Issuer at $0.10 cents per share, which sale closed on December 31, 1997.
What do you think? |