to Mike (My opinions *only*): First, thanks for the URL. I wasn't aware of that CDA insider site. Regarding restaurant stocks, I did not or do not know of any specific increase in insider buying for any of the restaurant stocks I own.
Immediately after I established my current position in DINE as a value stock, the $5 stock jumped some, so I decided it was too late to post on it. FWIW, the stock has retraced in the past month (I don't know why), and I still own the position. I also own LDRY, BUNZ, and DANB. None of these stocks is working out for me. My highest hopes for 1999 are with DANB. (It's not a value stock though).
Regarding Ingram announcement, it has affected (IMO) ICO, which I own.
(Aside-- I like distributors- electronic components, office supplies, janitorial services, food - when I can get them at what I think are good prices. But so far, I'm not doing too well with this area either.) The Ingram announcement has also affected me, in that now I've got to decide whether my ICO position is worth adding to at its current low level. (My original reason for buying ICO- they are going to focus on garnering profits as a consulting/service provider rather than from box selling-- remains intact. So I'm holding on.)
Mike (My opinions *only*), what areas are you putting money into at this time (if I may politely inquire)? |
