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Biotech / Medical : CYBR CyberCare the new look of healthcare -- Ignore unavailable to you. Want to Upgrade?


To: sommovigo who wrote (2284)6/20/2000 1:52:00 AM
From: peter michaelson  Read Replies (1) | Respond to of 3392
 
Chris, I have an alternate theory....

But the first 20 minutes of trading from February 23rd seems to tell a story... fast and furious selling with no bad news out. 12 point degeneration in 20 minutes, and not a single bad report or press article released to give that watershed selling any substance other than alot of people shorting the shares coincidentally. That was my first alert that something was amiss, and the possibility that CYBR was manipulated by an outside force became my suspicion.

Insiders selling their shares off-shore, or selling short off-shore with an arrangement to cover if necessary with their un-registered shares at below market.

It is fairly common for a scammy company's insiders to use off-shore brokers to avoid SEC scrutiny.

peter