Re: Pinetree's selling appears to be over

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ChrisB

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Re: Pinetree's selling appears to be over

in response to

Re: Pinetree's selling appears to be over

AGORACOM-GT

posted on Feb 04, 2011 12:08PM

George, my assumption was just that, an assumption. It was based on "news" posted on another forum regarding the somewhat mysterious insider selling reported practically daily from around Christmas until the middle of January that never materialized as recorded selling. It was speculated that it was a previous insider that was one no longer, yet not removed from the lists of the agency reporting the selling. It was suggested to be Pinetree.

At the time Pinetree stopped being considered an insider they were reported to have 10 million shares. According to Pinetree's website as of Sept. 30, 2010 they held 2 million shares.

I should have explained my reasoning, especially since it was based on something read on the internet, which as everyone knows "it must be true".