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Strategies & Market Trends : DD'S Cellar Dweller Stock Watch

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To: Due Diligence who wrote (292)5/20/1999 8:59:00 PM
From: Qone0  Read Replies (2) of 598
 
Ok, I agree with some of what you say about PUMP,but........... the MM's also guestion why a 144 is filed if things are so copasetic (probably spelled wrong).<g> Why a potential 144 sell from a insider if all is well with the company? Who knows first?

The insiders know first that the pump is coming. That's why the file the 144's so they can sell into the spike. You don't think they are going to sell at the floor do ya<g>

They control the news the company puts out. They will sell into the pump shut the news off and buy back at the floor. Private investors are just along for the ride.

I can't think of one penny stock that the float did not increase either before or during a spike. The insiders have to make money too <g>
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