You have obviously followed this one more closely than myself so I respect your knowledge on some of the issues raised on this forum. I would therefore be grateful if you could explain why it is that you believe that Glenn is selling down his holding in Rialto by "feeding them out". Perhaps another explanation could be that he simply sold two million shares in one tranche to buy into another spec stock or, perhaps he simply moved that number of shares into a super account. I would also be interested to know whether you think Genesis is pumping and dumping or whether it has another motive to sell down its shareholding by over 30%
RIA Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held