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Microcap & Penny Stocks : TSIG.com TIGI (formerly TSIG)

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To: dennis foster who wrote (10408)11/23/1998 4:29:00 AM
From: Ditchdigger  Read Replies (1) of 44908
 
Dennis,I'll recheck(but believe you are getting a form 4 sale mixed up with the 144's)--but I'm out of here.I'll wait for a filing on the Convertible,which I hope will be forthcoming....again good luck to all..DD
PS:This is also from the insider site
"B=Form 4 Buy, B*=Option-Related Form 4 Buy. S=Form 4 Sale, 144=Form 144 filing.
For Insider Relationship codes and other definitions, please consult the Key to our detailed histories.
Transactions typically make it into the database 1-3 days after reaching the SEC.
For Institutional-Strength insider data, check out our Subscription and Premium Services!
;;;;;;;;;;;
Criteria met, 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. where are the ammended filings?

Typically, the shares indicated on a Form 144 have probably already been sold by the time
you see the document. If the seller is an insider, they may actually file the Form 144 and
Form 4 sale at the same time. This makes sense. After all, why would the holder go through
the paperwork of a Form 144 unless they were ready to pull the trigger? In any case, Form
144s still indicate that somebody has, or is expected to, sell shares. That's useful information
to at least keep in the back of you mind when researching a new investment idea, or
following a stock you own.
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