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Strategies & Market Trends : Angels of Alchemy

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To: If only I'd held who wrote (23468)12/17/2000 8:54:44 PM
From: Marshall001  Read Replies (3) of 24256
 
Greg, Remember how I said I was trading CFLO late last week? Well, After trading my a$$ off, I was able to get out of it with a few hundred dollars gain.. However, For grins, I went to the insiders page at Yahoo to see who's been buying and who's been selling. And from the looks of it, Everybody's been selling.. It is by far the most active insider selling I have ever seen using that function. The CEO has multiple entries in consecutive days for millions of dollars worth of stock.. And he's been selling at the recent lows of 40 too. Its amazing to see them jump off like rats off a sinking ship.. I'd venture to say that something is up.

I have a couple hundred shares left, And I can assure you that come monday morning, I will either sell a gap up or box the position with a short till I can get out with gains on both ends.

M
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