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Microcap & Penny Stocks : International Automated Systems
IAUS 0.04000.0%Jul 8 5:00 PM EST

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To: paulmcg0 who wrote (1256)6/18/1998 2:04:00 PM
From: Mitch Aunger  Read Replies (1) of 7617
 
Paul,

Not to say they aren't gonna sell, but it is a common practice to FILE to sell some stock just in case the need comes up. Many execs file on a quarterly or semi-annual basis - just in case they need cash.

The thing to watch is when they ACTUALLY sell!

Note the dates on some of the filings... many months old with no sale actually transpiring.

I almost hate that new link on YAHOO, because many people don't understand that a PLANNED sale does not equate to an actual sale and that many many 'insiders' file PLANNED sales just to cover their butts and never go thru with them. Several threads have long conversations going on about these filings and how confusing they are.

Good luck
Mitch
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