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.
Biotech / Medical : Bio Technology General - BTGC

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jim Oravetz who wrote (1858)6/19/1999 8:20:00 AM
From: Shlepper  Read Replies (2) of 2028
 
Jim,

I've been around here longer than most - since '91, and am as frustrated as anyone. However, the insider sales may be psychologically damaging in this environment, but are not a predictor. The insiders at BTGC have sold their shares over the years prior to big run ups. They seem to be as oblivious as the rest of us as to the prospects of the company - at least the stock price.

Since I'm invested (mostly small) in around 100 companies, I see no correlation between insider selling and company prospects. What I do see, is that when the company does well, no one complains about the insider selling, and when the company doesn't perform - then the criticisms pour in. By the way, the same is true regarding insider buying. It may demonstrate confidence by the insiders, but that does not necessarily translate into positive stock action.

Good Luck,

Shep
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext