re: FGI Insider Selling (planned, or otherwise), transfer, disposals - or EVERYTHING other than a damn BUY !
PS - who said we get to put a 4 month time limit on this issue (VBG) ?
...sheesh; even a good 'ole boy from Jackson knows the difference between all those fancy pants accounting trickenology maneuvers -from a good 'ole fashioned, plain & simple Country Boy - OPEN MARKET BUY !
biz.yahoo.com
I personally did not see anything that built my confidence.
Looked like about $12.5 Million in "planned sales" from Mr. Crawford very, very recently ?... curious; but if I had the opportunity to manage Mr. Crawford's finances; I'd sure like to know what investment vehicle he see's more attractive than holding FGI from $10 here ? - maybe those 6% bonds ? Maybe that 2% money market account ? Maybe buying DOW 11,000 + ? .....hmmmmm; The FGI IPO was what ? Alltime high was $40-what ? 52 week high is what ? - but, a "planned" sale of 800,000 shares directly into the Oilpatch recovery ? ...just curious; as to what he saw that looked better than holding FGI there...?
As far as the CEO; sales, disposals, transfers - whatever you want to term them:
biz.yahoo.com
Looks like 2,570,500 shares were "disposed" according to that link.
2.5 Million Shares DISPOSED. Now I am not a CPA, but you know what - I "dispose" of trash, garbage, old newspapers etc. - and I sure as hell know that when I "buy" something.... I aint doing no "disposing" ... and I therefor know; that if I am "disposing" - I sure as hell aint "buying"... 'nuff said ?
ooooops ! Sorry JL - I guess you did step up to the pump on Dec. 4th 1998 now didn't you (VBG). - now "that" is my kind of CEO !
That "transaction" on Dec. 4th 1998 I recognize... all 100 shares worth ..... ROFLMAO.
PS: ...this "someone" can put this all to a rest in 2 simple ways... have the company "BUY" back some stock - and he himself - can "BUY" back some stock. .... and we be talkin' 'bout more than 100 shares too...
Sadly; I bet that 99% of the FGI longs on this thread - have ALL bought more FGI - than ALL of the FGI Corporate insiders together have; as shown on that link.
That; is hardly a strong vote of confidence....
As they say; sometimes "silence" is deafening... as in the absence" of something (BUYS) speaks louder than words.
Now; if we choose to investigate the "SHORT" position - that just won't seem to go away.... THAT - may get real interesting...
Yup, tell it all, tell it early ... uhhh huhhh - that's the ticket...
...Sorry guys; but there is no Styxish "grande illusion" concerning FGI here - not imho. Looks like at least 3.3 Million planned sales & disposals between just 2 people to me... rationalize them, excuse them, explain them, dismiss them - bottomline: if it aint BUYING - it's S_ _ _ _ _ _ . now isn't it ?
Fill in the blanks...
PS - what has theStreet.Com said about FGI of late ? - I did not renew my subsc.... to much tech & net info - too little 'patch... - someone can private mail me the TSC info if they'd like... |
