SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Simtek Corporation -- Ignore unavailable to you. Want to Upgrade?


To: NAG1 who wrote (2530)8/7/2007 10:45:25 AM
From: Crony  Respond to of 2619
 
It is very possible that insider's buying was genuine.

But for the Crestview that buying doesn't indicate anything. They can feel very bad about their investment in Simtek, but they can't do anything right now about it. Beside buying some shares to close the stock higher on the last day of the quarter, of course. They can buy, but they cannot sell. Who are they going to sell 2 mln shares to? And even more , if they sell even 1000 shares would show the market that other shares will follow and the stock will collapse. So they cannot sell right now. Not even 1000 shares.
But the above doesn't mean they feel bad about the stock. I have no idea about their feelings. But they need some kind of excitement about the stock to be able to sell it. And I hope they will help to create such excitement when the time is right.