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Microcap & Penny Stocks : IAPI - The TV Terminator -- Ignore unavailable to you. Want to Upgrade?


To: Ernest Poe who wrote (340)12/3/1998 12:48:00 PM
From: rdww  Respond to of 417
 
all that tells me is that the insiders may have sold of $80-100K worth of stock to ? pay some bills? produce some balls? buy a mansion in ?
Well it would make for a tighter stock w/ only 1.5MM out - there is still over 66% of the stock in insiders hands + they certainly weren't selling at the top ! That would have been a different story altogether. The test will be the QVC deal - if it flies and flies high - the stock is up + away - it flops and Sheldon will be in a food line somewhere flogging a lot of iapi paper!