JJC: I have a question for you -- you know what it is. In the February 1995 Column in SmartMoney, you wrote that Rexon insiders had snapped up more than 100,000 shares of the stock. The actual number was 25,000. Rueling purchased 5,000 on December 9, 1994, and Genessi purchased 10,000 on December 13 and another 10,000 on December 14, according to their form 4 disclosure statements on file with the SEC.
So the question is, why did you write that more than 100,000 shares were snapped up by Rexon insiders?
Of course I know the answer and may post it on the thread. If anyone else can figure it out, my congratulations. It took me a year and a half.
For thread participants who are not aware of this situation, Rexon was one of the four pour orphans which Cramer recommended in that column.
Rexon went bankrupt in September 1995. |
