It is much more comforting (to me) to see management buying. As you point out, however, insider selling in the industry is nearly always heavier than buying. Perhaps that's because companies in the industry replace a portion of managements' salaries with options, and the management is really just "collecting their salaries" when they sell their shares.
You do have thoughts on the topic. Typically, when I see a one liner post from infrequent visitors, I wonder... It is much better to present some sort of argument.
I find that there is a wealth of information available on SI, and if one can ignore the attitude of paranoid, rah-rah investors that one sometimes runs across, one can learn much.
Really? I find you can learn much more by doing your own homework. Interestingly, the cheerleaders on most threads, of which I am one, have forgotten more about the companies and industries they follow than the people that pop in occasionally with their "bits of wisdom" will most likely ever learn. I'm pleased to note that you do seem to do your own homework, or you would not have been a buyer at $13. Congratulations on your wise purchases of the stock. You could have alleviated some your current tax burden by holding Cymer and other semi-equipment stocks further into the upturn. This would have resulted in delaying your tax liability and given you a more favorable tax rate as well. Selling your dogs is another good option.
My favorite "wealth of information" posts on SI are the ones in which people copy and paste the "risks" section of a company's 10K/Q. That takes some real "brains". |
