Hello,
I work for Saville, and can tell you that I will be holding onto the options that we can purchase. One of our project managers went to the Billing World show and said that many people are talking about Saville and our product. He heard many, many positive comments about Saville.
We have very good management, and people who know the industry very well are making good decisions. There are also very talented programmers and analysts working at Saville that know the industry very well and have been working in the industry for many years.
As a side note, the release may be posted here but Saville is considering a stock split - actually they will be voting on this sometime in October. A lot of us at work are speculating on what will happen. The general feeling is that if the stock splits, it will most likely climb 10-20% after the split.
As earings are released for year end, and I'm sure they will be very good, the stock should go up again.
I can forsee a split around $70-80 range, then the stock climbing in the short term to $40-50 (after the split). After that, who knows?
About the insider selling, I don't know how much is being sold, but I do know that Saville employees get stock options. Some of the selling may be related to this - but these numbers may not be that great. If there is something else going on, I don't know.
FYI - I'm not in management at Saville, but am a programmer/analyst...the opinions that I've expressed are my own, nothing more...
Regards,
Mohammed |
