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Biotech / Medical : HMSC- A simple breast cancer screening device -- Ignore unavailable to you. Want to Upgrade?


To: (no name provided) who wrote (159)4/6/1998 12:43:00 PM
From: joe  Respond to of 246
 
just because 144a filers have filed to sell it does not mean they will.
WHY?.....in the case of insiders 144a, thats what we have been dicussing, in order for the people to take their restrictive 144 stock from the company to their brokerage firm account they must file to sell. filing to sell is the only way they can get the stock into their brokerage accounts. they have 90 days to sell the stock under sec rules. many people have filed going back to july of last year but they haven't sold !!!!!!!!!!!!!!!!! WHY B/C they want the stock in their acct. for the long term. they realize that selling the stock at this low of a price is stupid.



To: (no name provided) who wrote (159)4/6/1998 1:41:00 PM
From: Dante Sinferno  Read Replies (2) | Respond to of 246
 
<<The 10KSB does not tell you anything about insider sales
for the past three months.>>

I'm sure you are aware that there is but a single form 4 sale
filed with EDGAR in these last 3 months.

There are numerous Form 144's and it's my opinion that
they don't mean a whole lot.

Part of the reason I posted the holdings from the 10KSB is so
that we can easily compare them to the next 10Q that will be
out in the next 30-40 days or so.

I noticed in a previous post , you mentioned to Joe that he
probably was buying the insider's stock. For 6 something a
share ? Gimme a break.

<<you and Rob obviously don't believe me>>

I enjoy shorting Kafka , but manage to avoid the scare tactic , smart-ass type remarks that you seem to think will help your position.

I think you are just nervous about your position. HMSC is going to head in the other direction soon.Count on it.

Regards ,

Rob