Re: The insiders are not selling
in response to
by
posted on
Dec 05, 2011 06:39PM
Maybe some of the volume we've seen in the last few weeks could be from retail investors selling, but I think more of it's from institutions or larger investors dumping their holdings. The volume has been too high IMO. At any rate, I think it's safe to say there's been a big loss of confidence with investors as to the direction of this company. I've stated the reasons I think they're in trouble, but getting any confirmation from this company is probably not going to happen and they won't admit anything material is wrong. Even with the share price falling off like it has.
The shares at least slowed up their drop today, so we'll see if they resume their fall tomorrow.