Forum Archive Index - April 2004

["Karyn W" <karyn_in_oz@hotmail.com>]

Hi Chris
I was thinking more about the run up in the stock price and the large volume 
of sales that occurred the week or so before the "we're going to buy a US 
company and list on the NASDAQ" announcement, during which period one of the 
directors made several sales of his shares.

Nothing like leaking a bit of insider information, get everyone excited, 
push the share price up, sell your shares, make the announcement, sell more 
shares, then can the whole deal a month later, at which point the share 
price is back to normal.

That's what makes me suspicious.   Still, if you know their game, I guess 
you can take advantage of it - just watch for another run up, an 
announcement, and make sure you get in and out quick.
Karyn

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