AHM - 3 Million Shares Sold on August 1st by Chairman

Discussion in 'Stocks' started by THE-BEAKER, Aug 6, 2007.

  1. This looks be to interesting reading after they went bankrupt.

    Maybe just a coincidence.

    2007-08-01

    6:16 pm AMERICAN HOME MORTGAGE INVESTMENT CORP AHM

    STRAUSS MICHAEL

    (Chairman, CEO and President Director)

    Shares Sold - 2,969,460 at $1.172

    Amount Of Sale - $3,480,207

    Number of Shares - 1,572,646


    :D :D :D :D :D :D :D :D


    http://www.secform4.com/insider-trading/1256536.htm
     
  2. they halted the stock at 9:35 today......
     
  3. obviously he knew this and decided that this was a better price than zero.

    a bank robber get 25 years for stealing $100 from a till.

    these guys wont even serve a day in jail.

    ??
     
  4. It was sold on forced margin call - he didn't have anything to do with the sale.

    Go look back and you'll see when he bought the shares ... he obviously bought them on 100% loan.