Hi John, the insider trading is bothersome (see below). Coupled
with the lack of any analyst comments since earnings, and a couple of
write-ups now regarding AGPH being fully valued, have me concerned on
the shorter term. It occurred to me recently as I have watched
analysts trip over themselves to re-iterate or change their ratings
over the newswires on many companies earnings, that the analysts must
feel that the stock has gotten ahead of itself.
Assuming the numbers from Vicker's are accurate, several insiders
have recently sold 8% - 94% of their holdings. If these folks felt
there would be much more upside in 30-60 days, why did they sell now?
These sales appear to be very significant. I will look at a few of
the SEC filings later and try to determine if they were options
related. What are your feelings on this matter?
Any time frames on the other news you keep referencing? Thanks.
sf
09/05/97 DENBY, WILLIAM C. VP Sell 2000 49.375 396
09/04/97 SIMON, MELVIN DIR Sell 10000 50.000 119510
09/03/97 JOHNSON, IRVING S. DIR Sell 21400 46.777 26100
09/03/97 SNYDER, R. KENT SR VP Sell 5000 47.250 4822
09/03/97 QUART, BARRY D. SR VP Sell 8000 47.625 19070
07/28/97 VARNEY, MICHAEL D. VP Sell 2000 93.000 121
06/09/97 HERMAN, MICHAEL E. DIR Sell 2000 86.000 10000 |
