CustomTracks Corporation (CUST) Message Board

STOCKTALK

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.

Technology Stocks : CustomTracks Corporation (CUST)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: sandshark who wrote (1635)	7/23/1999 5:28:00 PM
From: Mama Bear	Read Replies (1) of 2514

sandshark, I have noted on two previous companies I have observed the CEO's taking margin loans against their insider holdings. When the inevitable stock tumble occurred, the broker sold their stock out to satisfy the loan. Both were then able to complain loudly about 'not wanting to sell'. One was somehow able to come up with a $1 million (despite drawing no salary from the company)to rebuy his stock after it had fallen considerably lower, and conveniently just a few months in front of the stock being promoted to unsustainable levels. These two incidents are examples of why I don't let large insider holdings bother me if my analysis of the company does not support a long position. Barb

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next