International Internet (IINN) Message Board

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Microcap & Penny Stocks : International Internet (IINN)

IINN 0.793

-0.1%

Jan 28 3:59 PM EST

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To: JC Reddy who wrote (248)	10/15/1998 12:37:00 PM
From: Green Receipt	Read Replies (1) of 746

I noticed the insider page just got updated for this stock at biz.yahoo.com The odd thing is the shares are posted in presplit form. Although the September listings are in post split form? So there is actually someone who sold for 12.5 cents The wierd thing though is the amounts of the trades are hardly what one would expect for insider trades. I realize that none of these people are 'insiders', but perhaps they had the chance to invest before the stock went public. Some of these people only made $1000. which in itself seems wierd. If you only had 1000 shares and you really believed the stock was on it's way up, why sell and make a measly $1000? the most recent trade on that list suggests someone who decided to get out with his socks (not his shirt, he already lost the shirt). But if this is to be believed, then either the main stake holders are still hanging on to their stock, or they sold through some other channels. It looks like most of the people here are abandoning ship... It would be nice to be able to contact them to ask them why.

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