PLSIA (Premier Laser Systems) Message Board

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Biotech / Medical : PLSIA (Premier Laser Systems)

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To: Pluvia who wrote (1538)	4/16/1998 2:03:00 PM
From: chester lee	Read Replies (2) of 1773

<<One last thing. I would guess the SEC will pull the orders for the last few days and look at trading on this news. Volume was very high recently before the news, you gotta figure this news was know to some who made a kill'n on it.>> Is this something the SEC does automatically? I would think the SEC would have a policy of examining the typical tell tale signs of insider activity before a large price movement of a companies stock price as suspected from "leaky" news or insider activity, like in the case of a large sell-off before bad news is announced, or like large volumes in options transactions preceding merger announcements. I for one don't know if the SEC has such a policy. It may be prudent for shareholders to inquire with the SEC and suggest an investigation in the event of suspected "front running" the stock before the bad news was released. Chester

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