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.
Gold/Mining/Energy : Global Thermoelectric - SOFC Fuel cells (GLE:TSE) -- Ignore unavailable to you. Want to Upgrade?


To: blue_chip who wrote (1741)5/5/1999 7:11:00 AM
From: Buckey  Read Replies (1) | Respond to of 6016
 
WE have already discussed this - This sale will have little to no impact on the price of the stock.

It will be crossed to institutional or big players at a prearranged price at or near market. If we are trading at 8.75 and the price agreed to is 8.50 - we may see a sell to eliminate the bids from 8.50 to 8.75 to facilitate the cross at the 8.50.

The above is an example - I see absolutely no issue here.

OR they will sell the shares to someone with a vested interest in the technology under the same scenario - Like DELPHI



To: blue_chip who wrote (1741)5/5/1999 7:22:00 AM
From: StockPro  Respond to of 6016
 
"Chip"

I see it two ways ...

If the threads at StockHouse are correct and there is an "investigation" launched because of a sale of shares by insiders without proper notice, there may be some negative effects. However, if so, I expect them to be very short term only.

On the other hand, if shareholders are more forgiving about possible rule violations by insiders, then once the realization sinks in that the shares have already been absorbed by the market and that "there is no overhang", we might see quite a positive effect on the stock price.

Either way, I expect the reaction to be swift, so todays trading should tell the tale.