Wed, Jul 23, 2014, 11:42 AM EDT - U.S. Markets close in 4 hrs 18 mins

Recent

% | $
Click the to save as a favorite.

Bovie Medical Corporation Message Board

  • kagemushataiko kagemushataiko Jun 6, 2009 6:31 AM Flag

    Why would BVX want to hold down its SP?

    Let's assume that my supposition voiced earlier is on the right track, ie the company is issuing restricted stock to insiders who have sold shares in the open market. And that the purpose of the exercise is to hold down the share price.

    Why would they do that?

    I understand that BVX has no need of fresh capital to develop new products so they couldn't care less if the SP doesn't go up and hence zilch hyping. But why would the company give a damn the other way?

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Kage,

      The ONLY one to benefit from insiders selling, Alpha bashing, MM dumping, and "capping" the price would be potential partner. Assuming that potential partner is going for quick buyout, instead of real partnership.

      This could be a stretch, or James Bond move, wishful thinking, but you can try to connect the dots....

      Dragan

 
BVX
3.8201+0.0101(+0.27%)11:03 AMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.