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Microcap & Penny Stocks : AmeriResource Technologies (ARET) -- Ignore unavailable to you. Want to Upgrade?


To: nadroj who wrote (7212)6/26/1999 12:21:00 PM
From: Mr. Jens Tingleff  Respond to of 7609
 
I have e-mailed Dustan about these, as I do not think OASIS and KELLY's are allowed to sell in those amounts. Restricted rules look here:
Message 6152806

Kr
Jens



To: nadroj who wrote (7212)6/26/1999 1:34:00 PM
From: OLD JAKE JUSTUS  Read Replies (1) | Respond to of 7609
 
>>>>>>JANOVEC, D. A. DIR 850,000 144 08/04/98<<<<<<<Since it does not appear that Janovec has renewed he/she probably sold already.

Let me ask, are these already executed sales, or intent to sell? When I get time I will research it.

If they intend to sell, then something must be up. In a high rising, heavy volume market, it does not have a negative impact when the officers and others sell 144 stock.

I understand that one must renew, with the SEC, their registration to sell 144 stock every 90 days, or so.

Perhaps, someone else has a better answer. But, this COULD be a positive sign. Because if they have registered them for sell and have not sold yet then they obviously expect a rise in the stock price.

This is just my opinion, nothing more.