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


To: Stephen O who wrote (1767)5/5/1999 12:32:00 PM
From: blue_chip  Respond to of 6016
 
Stephen, that sounds like a nice scenario except the guy at the TSE informed me they file for the 1.2 million a couple of days after they sold the first batch and it was before they filed for the 2 million



To: Stephen O who wrote (1767)5/5/1999 12:44:00 PM
From: Ulster1  Respond to of 6016
 
Stephen,

This makes good sense. I would take profit on 1/4 of my stock too (probably before the 10 bag stage) I was just a little worried that they sold most of their position (I did not know how much they held). Also, did they not cross the stock? I doubt they unleashed 1.2 mil shares on the market. Usually a cross of that size (assuming they crossed) raises the price right after. Regardless, it worries me that this group put out a sizable percentage of the total outstanding onto the market with out following correct procedure. RED FLAG!!!! Hopefully the air is cleared soon.

U1