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  Insider Action Driving the price down
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khalo  
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(1 user)  More options Feb 12 2008, 2:25 pm
From: khalo <moelb...@aol.com>
Date: Tue, 12 Feb 2008 11:25:06 -0800 (PST)
Local: Tues, Feb 12 2008 2:25 pm
Subject: Insider Action Driving the price down
A Jerome Vashisht Rota who is a DIVX Director sells a huge amounts of
stock on the begining of every month, does he know what he is doing to
the stock?? where is his beleif system.

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Subject changed: Insider Action Driving the price down- Divx  
delfairch...@hotmail.com  
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(2 users)  More options Feb 12 2008, 6:19 pm
From: delfairch...@hotmail.com
Date: Tue, 12 Feb 2008 15:19:44 -0800 (PST)
Local: Tues, Feb 12 2008 6:19 pm
Subject: Re: Insider Action Driving the price down- Divx
I believe all management personnel have a ton of shares each.  I get
their updates via email daily and when they sell, it is thousands of
shares each.  It seems they are the only ones making money on this
stock and they have a lot of shares left to sell.   They are certainly
getting rich off of it.  They did, after all, form the company, so one
could expect some of this to happen.

I bought at the IPO  and wanted to sell at Christmas time that year
when Cramer said to Sell, Sell, Sell, but my broker's answering
machine was full.  He called me back after the Christmas season, but
it was too late by then.  Cramer had the CEO on his show later and
asked about the amount of stock they had and if they were going to
sell it.  If I remember correctly, the answer wasn't very positive and
I think Cramer has never given it a go since then.  Because of its
advantages to the video market, you'd think that this stock would
soar, but it is probably like you said, their management is showing
the investor that they are not strong on the future of this company.
There is an old saying, that if management doesn't want their own
stock, who else will?  Maybe their CEO can shed some light on this for
us investors by sending out a nice letter to all who are on record to
report why they sell so many shares.  It didn't seem like Cramer was
very impressed with the head of the company's management team during
that show, but of course, that is only my opinion and it has been a
long time since.

I have since bought more shares at $12.15 and $13.  My even point is
still $17.50.  Being new to his show, I wish I would have waited and
did more home work with this stock before getting into it.  I will
have to keep buying on these dips until my break even price is down
around the $15.00 mark and hope the stock can break out of the $15.00
range.  Cramer says, Bears make money, Bulls make money, Hogs get
slaughtered.  I got piggish by not paying close enough attention to
the market at that time and got slaughtered for my lack of effort.
Maybe by dollar cost averaging, I can still make a silk purse out of a
pig's ear.
Anyway, good luck investing.


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filterm...@gmail.com  
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(2 users)  More options Feb 12 2008, 7:01 pm
From: filterm...@gmail.com
Date: Tue, 12 Feb 2008 16:01:01 -0800 (PST)
Local: Tues, Feb 12 2008 7:01 pm
Subject: Re: Insider Action Driving the price down- Divx
You guys have to pay closer attention to the filings.  Jerome Vashisht-
Rota, aka "Gej", aka the inventor of DivX, is sitting on over 150k
shares - that's almost a $2 million stake in the future of the
business!  He's waited a very long time for this kind of pay-off, yet
even at these prices he is still waiting... not only are the shares
being sold under a trading plan adopted in November 2006 (when the
stock was at it's all-time high), they are being sold through a trust
that he does not even have direct influence over.

Buying at $17-18 was a good investment - many institutions did the
same - you can't help it that the stock has been a good target for
bear raids because of the low float and uncertainty about the business
for the average investor.  You're smart to average-down here.  The $4
pop a few months ago happened even while shorts were trying to keep a
lid on it.  They eventually won out because of uncertainty with
stage6.  When certainty finally arrives - even if it's the ~very
unlikely~ unplugging of the servers - buyers will return and the
shorts will have to cover.

I've been holding a substantial stake as well since the IPO... and
sleeping just fine at night.


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Big Floogs  
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 More options Feb 15 2008, 2:56 pm
From: Big Floogs <floog...@gmail.com>
Date: Fri, 15 Feb 2008 11:56:45 -0800 (PST)
Local: Fri, Feb 15 2008 2:56 pm
Subject: Re: Insider Action Driving the price down- Divx
On2 Technologies is why this stock is down.  This is the perfect stock
to short right now...I see $10.

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jerry.zambr...@gmail.com  
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(1 user)  More options Feb 28 2008, 4:25 am
From: jerry.zambr...@gmail.com
Date: Thu, 28 Feb 2008 01:25:28 -0800 (PST)
Local: Thurs, Feb 28 2008 4:25 am
Subject: Re: Insider Action Driving the price down- Divx
Moot point at this time I think... Todays closing price is about $2.00
per share less than it was just a week ago, as "Big Floogs" points
out.

Currently I am Blogging on the last seconds of Stage6: in a few BLOG
sites:
         Final Seconds of Stage6
The second by second pulse of the Death
----------------
This discussion is not about Stage6... rather DivX... however one
cannot really separate the two entities... even at the Corporate Board
level... as we can see... Its failure to separate/spin/sale it... has
had a great impact on the value of DivX stock. Former CEO Jordan
Greenhall is currently still awake at this moment watching the last
minutes himself... I agree with having to watch closer at the
filings... Anybody investing and not following their responsibility of
following such matters... needs to be somewhat more insightful. That
was not meant to be antagonistic. The Board will be making its
official statement at their scheduled "Revenue Announcement" in early
March... I think this will be a true thing to listen to... Especially
now that we're down to 2 resigned CEO and 1 CIO...


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