Tugger the SLUGger!SLUG Mailing List Archives

Re: [chat] Re: SCO evidence falls flat in Sydney


Matthew Palmer <mpalmer@xxxxxxxxxxx> writes:

> "'It's not a pump-and-dump act,' O'Shaughnessy said."
>
> Of course not.  It's totally coincidental that SCO directors have been
> flogging off as much of their stock as they can get out the door without
> raising significant SEC eyebrows... 

I don't think selling shares alone is evidence of the pump-and-dump
theory. Who wouldn't take advantage of the over inflated price? It makes
sense to sell while the price is high because there's going to be a
correction sooner or later.