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Biotech / Medical : Labwire Inc. -- Ignore unavailable to you. Want to Upgrade?


To: ~digs who wrote (828)5/10/2008 7:52:40 PM
From: creede  Respond to of 1698
 
It's more fun that way. (lol - sorry)

In all honesty, the vast majority of the shares you saw going off at the Ask was an investor that contacted me a while back. They had read the story, done the DD, and crunched the numbers enough to be ready to move. They then bought an initial batch that ran the stock up from about .11 to .20 around Oct of last year. This same investor bought small batches of shares on and off till they felt like it was time to go ahead and get their position. They were a large majority of the buying into the twenties, and certainly accounted for that day it went to .245.



Anyway, they still have a bit of room left before reaching insider status. Hopefully they will use it.

GB-ND
c