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gnulaw (51.59)

September 2011

Recs

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(NASDAQ:PVSW) 2011 Sees No Insider Buying But Much Insider Selling, Share Buybacks a Sham?

September 02, 2011 – Comments (22) | RELATED TICKERS: PVSW.DL , CRM , ORCL

 There has been no insider buying of PVSW shares in 2010, however, there has been significant insider selling by the CTO and certain Director(s). Pervasive has failed to increase shareholder value during certain Director's tenure, however, said Director's continue cashing in the alleged fiat printing of Director's options not based on performance, while management boasts of their share buybacks track record. Who exactly is benefitting from these share buybacks? This looks more like a private bank for the Directors. It is time for new Directors, an end to share buybacks, build cash and or engage in highly selective technology acquisition(s)(.)  [more]

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