SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Golden Eagle Int. (MYNG)
MYNG 0.0700+5.7%Feb 21 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ray Emery who wrote (2171)5/4/1998 9:36:00 PM
From: Dean Fontana  Read Replies (1) of 34075
 
Ray You forgot a part......
"a person may file a Form 144 with the SEC giving notice of their intent to sell a specified number of unregistered shares within the next three months. The Form 144 does
not commit the filer to sell the shares indicated on the Form within three months, but if they aren't, the Form 144 must be amended."

which means.....Certain people are gearing up for the ride to the top
If you have ever delt with the 144 paperwork you would start in advance also. If you do not want to sell in 90 days you simply file for another 90 days, thus you can unload with limited amount of hassle.
Another thought, why would you gear up to unload unless you knew the share price was going to rise.
IMO seeing a 144 filed is good news, this means people with inside information are looking to sell FOR A POSITIVE REASON.
According to sources production is not far away, and as we all know the report is under our nose.

Jay to use your line " good trading"
Dino

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext