Friday, April 20, 2012

Daily Ramblings Lebed Broadvision BVSN

Lebed recently touted that the upcoming Broadvision earnings release that he expects an announcement of "large purchases" by Broadvision employees.

"I expect BVSN to announce that their employees purchased an extremely large amount of BVSN stock in the 1Q. BVSN had 4.529 million shares outstanding at the end of 2011, but when BVSN filed their 10-K on March 8th, they disclosed 4.598 million shares outstanding as of the end of February."

Although this could potentially happen it doesn't offset the CFO filing to sell over 180,000 shares. Lebed as usually continues to misinform investors and the general community with half truths.

As stated on "But, perhaps the biggest news of the night came from CFO, Shin-Yuan Tzou, who filed to sell 180,713 shares at $40.73."


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