Use access key #2 to skip to page content.

gnulaw (52.54)

[Update6] Kenneth Langone Continues Buying Spree of Geeknet (GKNT) Shares. Day 13...as R&D Cut, SourceForge gutted. Q3 Earnings call straight out of Cuckoo's Nest *. What is Langone's Endgame?

Recs

1

November 08, 2010 – Comments (13) | RELATED TICKERS: GKNT , AMZN , BBY

 


[Update6] Kenneth Langone Continues Buying Spree of Geeknet (GKNT) Shares. Day 13...as R&D Cut, SourceForge gutted. Q3 Earnings call straight out of Cuckoo's Nest *. What is Langone's Endgame?

 
(November 08, 2010) Total direct holdings at 737,153 after acquiring 85,000 shares November 08 on the open market ($2.08 - $2.20).

(September 14, 2010) Day 12. Total direct holdings at 652,053 after acquiring 23,192 shares September 13-14 on the open market.

Day 11. Kenneth Langone Continues Buying Spree of Geeknet (GKNT) Shares...as R&D is Cut,  Geek.net dated across entire website (visitor stats to events to press), SourceForge gutted, 25% staff cut internally announced early JuneWhat is Langone's Endgame?   

(September 13, 2010) Total direct holdings at 628,661 after acquiring 1,400 shares September 9 - 10 on the open market.

(September 1, 2010) Total direct holdings climb to 627,461 after acquiring another 7,700 shares today, September 1st, on the open market.

(August 31, 2010) Total direct holdings climb to 619,761 after acquiring another 24,700 shares today, August 31st, on the open market.

(August 30, 2010) Kenneth Langone acquires another 60,010 shares on the open market 8/27 - 8/30 (today). Direct holdings now total 595,061 (1).

(August 27, 2010) Langone acquires an additional 30,000 Aug 24 and 37,712 Aug 25-26 bringing his total direct ownership to 534,951 shares.

(August 23, 2010) Langone acquires another 30,000 shares August 23rd for a total direct ownership of 467,339 shares.. Files SEC Form 4 August 24, 2010. 

(August 13, 2010) Kenneth Langone acquires 339,009 Shares on the Open Market August 11th driving shares up 10.94% on 5x ADV closing at Day High of $1.42 one week after Q2 numbers reported and during company housecleaning. Partners now Control over 30% common and 67% Board.

(August 12, 2010) Langone acquires another 98,330 shares on August 12th for a total direct ownership of 437,339 shares. Files SEC Form 4 August 13th, 2010. 

(August 11, 2010) Kenneth Langone Acquires 339,009 Shares on the Open Market August 11th making one of the top insider purchases for August 12thShares up 10.94% on 5x ADV closing at Day High of $1.42 (August 13).

Kenneth Langone acquires another 60,010 shares on the open market 8/27 - 8/30 (today). Direct holdings now total 595,061.

Note: . INVEMED SECURITIES IS OWNED BY KENNETH LANGONE. "... INVEMED SECURITIES INC IS A PRIVATE COMPANY CATEGORIZED UNDER DEALERS, SECURITY AND LOCATED IN NEW YORK, NY. OUR RECORDS SHOW IT WAS ESTABLISHED IN 1987 AND INCORPORATED IN NEW YORK..." 

 

* See Caroline Offutt played by Nurse Ratched.

 

13 Comments – Post Your Own

#1) On November 08, 2010 at 9:29 PM, gnulaw (52.54) wrote:

[CORRECTION] * See Caroline Offutt played by Nurse Ratched.

Report this comment
#2) On November 09, 2010 at 5:13 AM, gnulaw (52.54) wrote:

>>[Update6] Kenneth Langone Continues Buying Spree of Geeknet (GKNT) Shares. Day 13...as R&D Cut, SourceForge gutted. Nov 4 Q3 Earnings call (ending Sep 30, 2010) straight out of Cuckoo's Nest*. What is Langone's Endgame?

Report this comment
#3) On November 09, 2010 at 8:13 PM, gnulaw (52.54) wrote:

(November 09, 2010) Day 14. Total direct holdings at 822,153 after acquiring another 85,000 shares November 08-09 on the open market ($2.18 - $2.26).

Report this comment
#4) On November 23, 2010 at 9:56 AM, gnulaw (52.54) wrote:

(November 19, 2010) Day 15+ Nov 12, 15, 15, 16, 17, 19, 22 Langone continues acquisition of Geeknet? ThinkGeekFeedery? Shares. Total direct holdings at 103,563 (1.) Director David Wright also acquires 3,200 shares 11/16


Geek.net website allegedly exhibiting continuing patterns of alleged violations of SEC Rule 10b-5, Section 406 Sarbanes-Oxley Act of 2002 in re: alleged full disclosure, reliance, causation... 


(1.) November 12, 15 purchases. November 16, 17 purchases. November 19, 22 purchases.  

Report this comment
#5) On November 29, 2010 at 7:57 PM, gnulaw (52.54) wrote:

(November 29, 2010) Kenneth Langone continues acquisition of Geeknet shares November 26th and 29th bringing total direct holdings to 115,505 shares.

Report this comment
#6) On December 07, 2010 at 7:01 PM, gnulaw (52.54) wrote:

(December 7, 2010) Kenneth Langone continues acquisition of Geeknet shares November 30th (900 shares),   December 1-2 (5,697) shares , December 3, 6 (7,938)  shares, bringing total direct holdings to 130,040 shares.

Report this comment
#7) On December 13, 2010 at 6:37 PM, gnulaw (52.54) wrote:



(December 7, 2010) Kenneth Langone continues acquisition of another 5,000 shares and 6,832 shares December 8th bringing his total direct holdings to 136,872 shares.

Report this comment
#8) On December 27, 2010 at 11:51 AM, gnulaw (52.54) wrote:


Geek.net website continues to be allegedly negligently out of date as cited previously on this blog…allegedly exhibiting continuing patterns of alleged violations of SEC Rule 10b-5, Section 406 Sarbanes-Oxley Act of 2002 in re: alleged full disclosure, reliance, causation... geek.net/advertising still quoting August 2010 statistics, Press featured on main website Geek.net is 6+ months old…story developing…

Report this comment
#9) On February 17, 2011 at 5:34 AM, gnulaw (52.54) wrote:

(February 16, 2011) Kenneth Langone continues acquisition of another 5,000 shares bringing his total direct holdings to 141,872 shares.

Report this comment
#10) On March 08, 2011 at 5:25 AM, gnulaw (52.54) wrote:

(March 07, 2011) Kenneth Langone continues acquisition of another 7,949 shares bringing his total direct holdings to 162,561 shares.

Report this comment
#11) On May 09, 2011 at 3:42 PM, gnulaw (52.54) wrote:



(May 09, 2011) Kenneth Langone continues acquisition of another 12,000 shares bringing his total direct holdings to 174,561 shares.

Report this comment
#12) On May 13, 2011 at 5:41 PM, gnulaw (52.54) wrote:

 

(May 13, 2011) Kenneth Langone continues acquisition of another 17,716 shares May 12-13 bringing his total direct holdings to 210,000 shares. 

Report this comment
#13) On May 13, 2011 at 6:06 PM, gnulaw (52.54) wrote:

[Out Of Order]

(May 11, 2011) Kenneth Langone continues acquisition of another 17,723 shares May 9-11 bringing his total direct holdings to 192,284 shares (as of 5/13).

Report this comment

Featured Broker Partners


Advertisement