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Message: Optimistic re 144

Optimistic re 144

posted on Mar 31, 2006 08:18AM
This is a perfect example of the glass is half full or half empty. Today it would seem that the ``herd`` is looking at the form 144 story as if the glass is half empty as reflected in the action of the sp.

To me and it would seem most on this board the glass is half full. There is no indication that the trust has sold one share, all it has done is show they may sell at some time in the near or distant future. Logic would dictate that ``if `` they filed the 144 because they thought that the share price was headed south they would sell Now. However by filing and (imo) not selling now they look for higher prices ahead and want to keep their options open. Plus they do not have to sell anything within 90 days they can either let the 144 expire or ammend it so they can sell whenever or not sell, it`s their decision.

Once again looking at the glass half full this weakness

could be a good time to buy

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