- To: Sydney Linux User Group <slug-chat@xxxxxxxxxxx>
- Subject: Re: [chat] Re: SCO evidence falls flat in Sydney
- From: umug@xxxxxxxxxxx
- Date: Fri, 05 Sep 2003 01:08:01 +1000
- User-agent: Gnus/5.1003 (Gnus v5.10.3) Emacs/21.3 (gnu/linux)
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.