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Gold/Mining/Energy : Royal Oak-RYO -- Ignore unavailable to you. Want to Upgrade?


To: Elizabeth Andrews who wrote (1445)10/27/1998 2:51:00 AM
From: Michael Bidder  Read Replies (3) | Respond to of 1706
 
Elizabeth.

Why would she sell at all? It tells me that the stock is worthless.

For the President to sell that much stock for such a low price (.63 cents) should be a wake up call for any investors still clinging to hope.

<<<If Peg had information that meant the company was going to declare Chapter 11 and then sold she probably would have a fiduciary problem.>>>

No one will begrudge her right to sell now, if you do then you must have a real problem with her $4 sales.

<<<it seems to me that insiders are only safe when selling from control positions when they know the stock is going to go UP not down>>

Thats a laugh. Surly you aren't serious.

But if what you say is true then this little up tick was needed in order to give the insiders their window out.

Peggy knows more than you and I. She sold and so did I. However I got more than .63 cents. Will you?

Michael Bidder