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Biotech / Medical : HMSC- A simple breast cancer screening device
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To: (no name provided) who wrote (159)4/6/1998 12:43:00 PM
From: joe   of 246
 
just because 144a filers have filed to sell it does not mean they will.
WHY?.....in the case of insiders 144a, thats what we have been dicussing, in order for the people to take their restrictive 144 stock from the company to their brokerage firm account they must file to sell. filing to sell is the only way they can get the stock into their brokerage accounts. they have 90 days to sell the stock under sec rules. many people have filed going back to july of last year but they haven't sold !!!!!!!!!!!!!!!!! WHY B/C they want the stock in their acct. for the long term. they realize that selling the stock at this low of a price is stupid.
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