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

[THE-BEAKER]

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





http://www.secform4.com/insider-trading/1256536.htm

 

[ElCubano]

they halted the stock at 9:35 today......

 

[THE-BEAKER]

Quote from ElCubano:

they halted the stock at 9:35 today......

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.

??

 

[Whistlingleaf]

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.