SI
SI
discoversearch

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 : Amazon.com, Inc. (AMZN)
AMZN 226.19-1.8%Dec 12 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: umbro who wrote (8884)7/5/1998 6:39:00 PM
From: Dwight E. Karlsen   of 164684
 
Gary, thanks for the info on insider sales "window". I've wondered about this.

Looking at AMZN's insider's sales, it would seem that their
"window" begins roughly 2 weeks after earnings come out, and
lasts for about a month. So, I'd say if there's any selling
pressure, expect to see it in early to mid. August.

If someone as astute as Michael Dell sold 2,200 shares already, then I would bet that any AMZN insider who can't dump yet due to time window restrictions is probably barely able to sleep at night, hoping that this balloon stays inflated. We should keep in mind that for most insiders, they only have to "exercise" at an extremely low price options that were given to them.....so it's all one very gargantuan "bonus check".

There is no doubt in my mind that we're going to see quite a pick-up in insider sales, which if the general market cooperates, will come at the same time when the general stock and tech stock market is also correcting from these inflated prices. Michael Metz was just quoted in a Yahoo article as saying he was "puzzled" as to why investors seem to care less about anemic 2nd qtr earnings, when he says the "odds are" that anemic earnings will persist through the 2nd half of 1998. He added that the stock market was priced "to perfection" expecting good improvement in corporate profits thru 1999. It's on the Sunday Yahoo Financial newswire.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News