McBride only owns 15003 shares now?
Message ID: 16101
Posted By: heimdal31
Posted On: 2003-06-19 18:25:00
Subject: Re: McBride only owns 15003 shares now?
Recs: 1
Correct. I read them as buys as well. However, in the one for Friday the 13th, notice box 15. This shows how much stock the person owns after completing the transaction.
He purchased 7003 shares and owns 15003. If he purchased 200,000 in March, what happened to them. If I'm reading this right, he must have sold them and filed some Form 4s. However, they must not have made it through whatever process it takes to get them electronically posted on EDGAR yet. Note that the 6/13 filing from McBride for the 7003 shares only showed up this morning.
Also, look at a 5 day intraday trade chart for SCOX and notice the huge volume trades occurring on Friday and Monday. Some individual trades on Friday appear to have approached 100K. Total volume for Friday was 2 Million! Lots of people unloaded lots of SCOX stock on Friday and Monday. And the only McBride Form 4 for that day would appear to missing just under 200K worth of stock, so I assume that he sold it on Friday or before but that the Form 4 hasn't been posted electronically yet.
But, as I said in my first post, I've only started reading SEC filings, so I may be missing something.
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Posted By: heimdal31
Posted On: 2003-06-19 18:25:00
Subject: Re: McBride only owns 15003 shares now?
Recs: 1
Correct. I read them as buys as well. However, in the one for Friday the 13th, notice box 15. This shows how much stock the person owns after completing the transaction.
He purchased 7003 shares and owns 15003. If he purchased 200,000 in March, what happened to them. If I'm reading this right, he must have sold them and filed some Form 4s. However, they must not have made it through whatever process it takes to get them electronically posted on EDGAR yet. Note that the 6/13 filing from McBride for the 7003 shares only showed up this morning.
Also, look at a 5 day intraday trade chart for SCOX and notice the huge volume trades occurring on Friday and Monday. Some individual trades on Friday appear to have approached 100K. Total volume for Friday was 2 Million! Lots of people unloaded lots of SCOX stock on Friday and Monday. And the only McBride Form 4 for that day would appear to missing just under 200K worth of stock, so I assume that he sold it on Friday or before but that the Form 4 hasn't been posted electronically yet.
But, as I said in my first post, I've only started reading SEC filings, so I may be missing something.
------------------------------------------------------------
The text of this Yahoo Message Board post has been licensed for
copying and distribution by the Yahoo Message Board user "heimdal31"
under the following license:
License: CCL Attribution-NonCommercial-ShareAlike v2.0
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