Well I am going to defend that statment, I have worked for one of his companies for over 6 years, I can tell you he is no crook, all of his (thier) companies are privatly owned, yes I have no doubt that he has knowlage that others do not, but that usuallly comes with the wealth. Do you think for one moment that Gates or Buffet only know the same as you and I about compaines they invest in? well of course not but that does not make them crooks. So my fellow investor you are wrong About the Dart's
See xwavve's message on the board - you can see the filing made by Dart's company Eastern Capital Limited, which is owned by this Kenneth Dart fellow. Would have thought there'd be more hoopla on this, but I guess we don't know if this resulted from trades between institutions, etc. My hope is that it is a new investment, edging up the institutional holdings - and that it spurs some commentary and interest.
I think it would have to have been open market, but I'm not 100%. It may be that he has been quietly accumulating for a few months (or longer) and recently passed the disclosure threshold. Yesterday's run-up may have been related to the filing, rather than him going into the open market and just buying up shares - but again this is just speculation.
I don't think they could come from treasury or through the shelf, unless other regulatory steps were taken by Spectrum.