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.
Biotech / Medical : Harvard Scientific (HVSF)Hot$$- male impotency medicine -- Ignore unavailable to you. Want to Upgrade?


To: Amots who wrote (3140)2/7/1998 1:18:00 PM
From: Batman  Read Replies (2) | Respond to of 3906
 
...............atomic batteries to power..........turbines to speed.............

This is Batman.

Amots,

Please forgive me for jumping in and answering in Grand Pohba's place.

I don't know where you are getting your information (I suspect you may not know where to look), but See DID sell shares last year. A lot of them. These are contained in what are called 144 filings with the SEC. You can either get the info direct from the SEC or from numerous stock services, or you can get it from a Bloomberg if you have access to one (or Datastream or Reuters, etc). Anyway, it is a matter of record that See sold something like 100,000 shares last year (I can get the exact number, but I don't know it off the top of my head), all during the runup in the stock price in the first quarter. As part of the SEC 144 filings, See had to report the prices that he got. He has admitted that he got as high as $9.50 per share. Now go look at last year's stock chart. You will find that the high for the year was $9.50. Amazing, isn't it? The company's chairman was selling at the absolute very high of the year. Gene Martineau, the guy who got kicked off S.I., said on a previous post that See "traditionally" sells shares at the beginning of each year. The problem with that explanation is that there can be no "traditional" selling when the company has only been trading for 2 years.

By the way, See's son, Darryl See also sold; in his case he sold virtually his entire holdings in the company. As I recall, the Anita See Wassgren Trust [See's wife] was also a huge seller. Again, at top prices. Confidence building, isn't it Amots?

I don't mean to flame you, Amots, but do some DD. There is no substitute for good DD.

Batman

NOTE: MASSIVE POST TO FOLLOW LATER TODAY.



To: Amots who wrote (3140)2/9/1998 10:32:00 AM
From: sly-1  Read Replies (1) | Respond to of 3906
 
Amots - how can you be so sure Dr. See didn't sell a single share??? Most of the shares held by mgmt/officers are unrestricted or have passed the restriction stage and are "free trading shares". Unless I am totally off base - I don't think they have to inform anyone if they wish to sell ..... JMO - Sly-1