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 : Liteglow (LTGL) -- Ignore unavailable to you. Want to Upgrade?


To: John Liu who wrote (1954)6/10/1998 4:51:00 PM
From: WuChier  Respond to of 4715
 
Decided to follow up further on my DD. Feeling a little stupid after buying on news. Could someone explain to me the insider trades last April?
biz.yahoo.com
How could someone sell 800,000 shares of LTGL stock for $12,000,000 if the entire float is worth only $6,500,000 that's 0.065x100,000,000. Two trades like this were made so $24,000,000 or 3x float were sold. I haven't been in this game very long so I don't understand what this means.
Are they simply registering the shares?