Let me answer your last question first - Although I've learned from many sources, Michail has really helped me put it all together in the shorts allocation and patience department.
Strategy of course varies for individual stocks - in the case of SAGI is was indeed Michail who made the call and I decided to follow - I liked the story here and really liked what I saw when I looked at insider selling (see below). I took a 1/2 position and will follow Michail's guidance of adding more if it gets squeezed (at least 15% higher than original entry price - this number changes in different general market conditions and with stock specific factors such as fundamentals and size of float.) At this point I don't plan to sell more on the way down unless it really looks like its turning into a Go To Zero candidate, not likely for SAGI. Hope this helps, look at all this inside selling!
WESTBROOK, SIMON
Affiliated Person 10,000
SAGI Proposed Sale (Form 144).
Estimated proceeds of $160,200.
6-Aug-01 DESAI, VIJAY
Affiliated Person 10,000
SAGI Proposed Sale (Form 144).
Estimated proceeds of $168,300.
30-Jul-01 VALLE, ANDRE DELLA
Shareholder 28,722
SAGI Proposed Sale (Form 144).
Estimated proceeds of $442,606.
30-Jul-01 REDDY, DAMODAR N
Affiliated Person 10,000
SAGI Proposed Sale (Form 144).
Estimated proceeds of $160,120.
27-Jul-01 DESAI, VIJAY
Former 7,500
SAGI Proposed Sale (Form 144).
Estimated proceeds of $117,000.
27-Jul-01 DESAI, VIJAY
Former 5,000
SAGI Proposed Sale (Form 144).
Estimated proceeds of $75,000.
27-Jul-01 REDDY, N DAMODAR
Affiliated Person 10,000
SAGI Proposed Sale (Form 144).
Estimated proceeds of $155,206.
23-Jul-01 REDDY, N DAMODAR
Affiliated Person 20,000
SAGI Proposed Sale (Form 144).
Estimated proceeds of $272,500.
23-Jul-01 REDDY, CHANDRASHEKAR
President 20,000
SAGI Proposed Sale (Form 144).
Estimated proceeds of $274,000.
23-Jul-01 SIMONS, LAIRD H III
Trust, Trustee 20,465
SAGI Proposed Sale (Form 144).
Estimated proceeds of $286,728.
3-Jul-01 MICHEL, TAMARA
Shareholder 18,055
SAGI Proposed Sale (Form 144).
Estimated proceeds of $4,333.
3-Jul-01 DESAI, VIJAY
Former, Vice President Marketing 5,000
SAGI Proposed Sale (Form 144).
Estimated proceeds of $72,500.
29-Jun-01 REDDY, N DAMODAR
Director 20,000
SAGI Proposed Sale (Form 144).
Estimated proceeds of $312,000.
29-Jun-01 DESAI, VIJAY
Former, Vice President Marketing 14,896
SAGI Proposed Sale (Form 144).
Estimated proceeds of $232,377.
31-May-01 GURRAM FAMILY TRUST
Trust, Trustee 5,000
SAGI Proposed Sale (Form 144).
Estimated proceeds of $58,450.
31-May-01 TAI, KENNETH
Director * 2,200
SAGI Sold at $10.65/Share.
Proceeds of $23,430.
31-May-01 REDDY, N DAMODAR
Director 5,000
SAGI Proposed Sale (Form 144).
Estimated proceeds of $56,500.
31-May-01 REDDY, PRATAP
Chief Operating Officer * 5,000
SAGI Sold at $11.00/Share.
Proceeds of $55,000.
30-May-01 TAI, KENNETH
Director * 2,600
SAGI Sold at $10.50/Share.
Proceeds of $27,300.
29-May-01 TAI, KENNETH
Director * 3,200
SAGI Sold at $11.59/Share.
Proceeds of $37,088.
23-May-01 TAI, KENNETH
Director * 15,000
SAGI Sold at $11.33/Share.
Proceeds of $169,950.
22-May-01 TAI, KENNETH
Director * 10,000
SAGI Sold at $11.36/Share.
Proceeds of $113,600.
21-May-01 REDDY, CHANDRASHEKAR
President, Director, Chief Executive Officer * 4,000
SAGI Sold at $10.63/Share.
Proceeds of $42,520.
21-May-01 TAI, KENNETH
Director * 25,000
SAGI Sold at $10.52/Share.
Proceeds of $263,000.
18-May-01 REDDY, CHANDRASHEKAR
President, Director, Chief Executive Officer * 2,000
SAGI Sold at $9.50/Share.
Proceeds of $19,000.
18-May-01 TAI, KENNETH
Director * 45,000
SAGI Sold at $9.79/Share.
Proceeds of $440,550.
17-May-01 TAI, KENNETH
Director * 30,000
SAGI Sold at $9.53/Share.
Proceeds of $285,900.
17-May-01 REDDY, CHANDRASHEKAR
President, Director, Chief Executive Officer * 4,000
SAGI Sold at $9.66/Share.
Proceeds of $38,640.
17-May-01 REDDY, CHANDRASHEKAR
President, Chief Executive Officer 10,000
SAGI Proposed Sale (Form 144).
Estimated proceeds of $39,052.
16-May-01 TAI, KENNETH
Director * 15,000
SAGI Sold at $8.74/Share.
Proceeds of $131,100.
15-May-01 INVESTAR SEMICONDUCTOR
Shareholder 140,000
SAGI Proposed Sale (Form 144).
Estimated proceeds of $1,190,000.
15-May-01 FOREFRONT VENTURE PARTNERS LP
Shareholder 18,000
SAGI Proposed Sale (Form 144).
Estimated proceeds of $153,000.
15-May-01 TAI, KENNETH
Director * 10,000
SAGI Sold at $8.57/Share.
Proceeds of $85,700.
8-May-01 DESAI, VIJAY
Former, Vice President Marketing 82,931
SAGI Sold at $8.00 -- $8.24/Share.
Proceeds of $677,968.
3-May-01 BALRAM, NIKHIL
Vice President Marketing & General Manager of Consumer Products 4,229
SAGI Initial Direct Holdings Statement
2-May-01 DESAI, VIJAY
Former, Vice President Marketing 2,000
SAGI Sold at $10.13/Share.
Proceeds of $20,260.
1-May-01 DESAI, VIJAY
Former, Vice President Marketing 12,700
SAGI Sold at $8.10 -- $8.20/Share.
Proceeds of $103,370.
28-Feb-01 DESAI, VIJAY
Officer 750
SAGI Sold at $7.00/Share.
Proceeds of $5,250.
27-Feb-01 DESAI, VIJAY
Officer 7,530
SAGI Sold at $7.00/Share.
Proceeds of $52,710.
13-Feb-01 TAI, KENNETH
Director * 1,000
SAGI Sold at $9.06/Share.
Proceeds of $9,060.
12-Feb-01 TAI, KENNETH
Director * 1,000
SAGI Sold at $8.88/Share.
Proceeds of $8,880.
9-Feb-01 TAI, KENNETH
Director * 2,000
SAGI Sold at $9.31/Share.
Proceeds of $18,620.
7-Feb-01 REDDY, CHANDRASHEKAR
President, Chief Executive Officer * 5,000
SAGI Sold at $9.27/Share.
Proceeds of $46,350.
5-Feb-01 ARDAKANI, AZITA M.D.
Shareholder 333
SAGI Proposed Sale (Form 144).
Estimated proceeds of $3,443.
31-Jan-01 JOHARY, ARUN
Officer 1,057
SAGI Accrued Through Plan at $8.08/Share.
Cost of $8,541.
31-Jan-01 REDDY, PRATAP
Chief Operating Officer * 1,357
SAGI Accrued Through Plan at $8.08/Share.
Cost of $10,965.
31-Jan-01 DESAI, VIJAY
Officer 1,249
SAGI Accrued Through Plan at $8.08/Share.
Cost of $10,092.
31-Jan-01 WESTBROOK, SIMON
Chief Financial Officer * 970
SAGI Purchased at $8.08/Share.
Cost of $7,838.
30-Jan-01 NADERI, MASOOD
Shareholder 333
SAGI Proposed Sale (Form 144).
Estimated proceeds of $3,764.
25-Jan-01 ARDAKANI, SHIVA
Shareholder 333
SAGI Proposed Sale (Form 144).
Estimated proceeds of $3,734.
17-Jan-01 STRIEQLER, THOMAS D
Shareholder 4,000
SAGI Proposed Sale (Form 144).
Estimated proceeds of $58,000.
10-Jan-01 KEYASHIAN, MAX
Shareholder 666
SAGI Proposed Sale (Form 144).
Estimated proceeds of $10,610.
3-Jan-01 GUPTA, AMOR
Shareholder, Investor 10,000
SAGI Proposed Sale (Form 144).
Estimated proceeds of $154,988. |
