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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?


To: Junkyardawg who wrote (5720)1/23/1999 9:16:00 AM
From: HRAKA  Respond to of 122087
 
Jdog,
Not Anthony, but my 2 cents are if the BB company officers wanted to lock in profits on those shares, what they would likely do is have someone short against the block for them in an offshore account. The stock price goes down because of the flooding of shares, the officers then file their 144's and uses them as coverage for the party that created the short.
Hraka



To: Junkyardawg who wrote (5720)1/23/1999 10:50:00 AM
From: Anthony@Pacific  Respond to of 122087
 
Yes they can, they can do it off shore ..or they can sell it short and keep the stock in the US till the stock matures or the stock deteriorates..to zero and then cover the sghort ,,they can illegaly sell shares that havent been registered as was the case with SOLVEX..This happens all the time..



To: Junkyardawg who wrote (5720)1/23/1999 1:05:00 PM
From: Mama Bear  Respond to of 122087
 
Junkyardawg, I'm not sure if the folks at the link below will do OTC:BB's, but this is another way in addition to the methods Anthony gave that insiders can cash out their equity without selling:

firstsecuritycapital.com

I always wonder, if one has determined that management is not on the up and up, perhaps engaging in criminal stock manipulation, why would one believe that they wouldn't bend the rule to cash out? What's the point in committing said fraud if you can't get paid?

Barb