The point is, that there is insider selling in every technology company and there has been for years, so whats changed? Actually the insider selling in AVNX is not as bad as I would expect considering the current market conditions. The stock price is holding up fairly well, volume is dwindling.
Nothing is free in this world, if you want to make 100% in a short amount of time you've GOT to take chances, if you are happy with 12% buy a fund. AVNX is a very risky stock, but the pay-off potential is huge.
To each his own, it's worth the risk to me.
FYI, there were 8,344,045 shares bought by institutions last quarter, compared to 1,663,083 sold. Top buyers included: CSFB, Putnam, and American Express Financial Services, all in their CORE GROWTH funds.
Take it for what it's worth! |
