SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : A.I.M Users Group Bulletin Board
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: triggerman who wrote (10153)1/30/2000 7:27:00 PM
From: LemonHead   of 18928
 
Hi Triggerman,

You have made an interesting observation concerning the registered insider sales for GALT. Don't know that I have the answer but I would like to comment.

They have to file form 144 when they want to sell. As I understand it they have to file form 4 when the sale is consummated. The question is what is the time lag? That I don't know. They may have sold last week and don't have to report it for 60 days...

As you observed there were filings for sales of more than 800,000 shares since November 1. This is probably nothing to be concerned about as it is only .03% of the float. But these filings may Trigger others to line up shares to sell. Institutional players may jump off the train when they perceive a flat quarter ahead and are spooked by the registered sales placed by management. And then management may have decided it was better to back off of the proposed sales when they realized that revenues would be flat. I don't know but maybe AIM does. This Risk Management system has me begging to trade more dollars for shares again Monday, think I will listen to my purchasing department.

Hope you and the better half are making plans for Vegas. Think we now have enough signed up to fill two Double Wide's. I have see first hand how you can pluck the Casino's so your trip should be profitable.

Keith
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News