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Microcap & Penny Stocks : Microphonics Inc. (mrps) -- Ignore unavailable to you. Want to Upgrade?


To: PammyLee who wrote (1165)3/1/1999 6:46:00 PM
From: RangeRover  Read Replies (2) | Respond to of 8189
 
I actually take these Insider selling filings as good news...they are expecting it to run up, which is fine with me...anyone else look at it this way?????

Chris



To: PammyLee who wrote (1165)3/2/1999 12:28:00 AM
From: Roofman  Respond to of 8189
 
"144:
Intent to Sell Restricted Stock Quote, Chart, Resources, News, Searches, Annual"

A Form 144 is filed ONLY for SMALL amounts of stock that, typically, were given to employees as incentives and/or enumeration. It can ONLY be used for SMALL quantities of stock that will not materially affect the float. It's just an insider wanting to cash in on a few of their shares. Nothing more. They have as much right to lock in a little profits as we all do. It should NOT be taken as a negative sign.