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NeuroMetrix Inc. Message Board

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  • larry12110 larry12110 Sep 14, 2009 5:18 PM Flag

    NURO- BIG INSIDER BUYS 2,548,670 shares

    Exactly why this is not a stock for small players.

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    • The rich get richer. This guy runs a hedge fund and makes an "indirect" purchase of over 2.5 million shares at $2 pretty much simultaneously with his Deerfield Capital hedge fund promoting the purchase of 8.8 million shares and warrants for another 8.5 million shares at around $2.20 .

      Those potential 19 million shares out of the 31 million potential total outstnding now "control" NURO.

      Let's hope those now in control are a lot smarter than the "Gonzo" and his "Gonzo Goonies" who last lead the charge up up the hill and got the poor longs who followed them massacered.

      The news of the second event causes the stock to go close to $3 within a week. Too bad you and I didn't have around $5 million to make the same deal.

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