...............atomic batteries to power..........turbines to speed.............
This is Batman.
Amots,
Please forgive me for jumping in and answering in Grand Pohba's place.
I don't know where you are getting your information (I suspect you may not know where to look), but See DID sell shares last year. A lot of them. These are contained in what are called 144 filings with the SEC. You can either get the info direct from the SEC or from numerous stock services, or you can get it from a Bloomberg if you have access to one (or Datastream or Reuters, etc). Anyway, it is a matter of record that See sold something like 100,000 shares last year (I can get the exact number, but I don't know it off the top of my head), all during the runup in the stock price in the first quarter. As part of the SEC 144 filings, See had to report the prices that he got. He has admitted that he got as high as $9.50 per share. Now go look at last year's stock chart. You will find that the high for the year was $9.50. Amazing, isn't it? The company's chairman was selling at the absolute very high of the year. Gene Martineau, the guy who got kicked off S.I., said on a previous post that See "traditionally" sells shares at the beginning of each year. The problem with that explanation is that there can be no "traditional" selling when the company has only been trading for 2 years.
By the way, See's son, Darryl See also sold; in his case he sold virtually his entire holdings in the company. As I recall, the Anita See Wassgren Trust [See's wife] was also a huge seller. Again, at top prices. Confidence building, isn't it Amots?
I don't mean to flame you, Amots, but do some DD. There is no substitute for good DD.
Batman
NOTE: MASSIVE POST TO FOLLOW LATER TODAY. |
