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Microcap & Penny Stocks : ADOT - BIOMODA: Profitable Technology with Purpose

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To: DARPA who wrote (682)3/26/1998 5:42:00 PM
From: HG  Read Replies (1) of 4650
 
Darpa,

144's are a mandatory filing for principles within a company. Any substantial sale or any intention of selling must be filed with the SEC. Usually looked upon as a negative by the investing community. Simply put, why would an officer of a company sell when the expectation of the stock is to increase.

Having said all that, there are many reasons for an officer of a company to sell. For instance, needs money for income tax, need money for college tuition, pay off a mortgage, stock option is due. etc. etc. etc

Not necessarily a bad thing, but it carries a negative connotation.

Regards,

HG
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