Insider buying?
Message 15039097
And here's where you go to find that info quickly; just type in the symbol and see:
biz.yahoo.com
Since I wrote that post, I checked the daily screen at www.insidertrader.com and that's where I found GMAI. Others it mentioned include several you may be familiar with (note: D=director, C=Chair or CEO, P= Prez, V= Vice-Prez, and a ! means a positive stochastic exists currently. Any numbers indicate the total dollar value of trades, or the number of insiders buying )
GNLB- $111,000 D, D, 2 (more upside from Watson Pharmaceuticals?)
AVGO- $939,000 C, D, 3 (stochastic may be turning)
XCAR- $404,000 D, D, 2 !
ZNGN- $1,329,000 C, V, 4 !
IMMR- $104,000 D, D, D, 3 (new auto device patent)
USIX- $28,750,000 D, D, 2
CLAC- $187,000 D, D, 3
ACTP- $350,000 C, V, V, V, V, 7 !
NPW- $6,712,000 C, D, 4
STOK- $244,784 C, 3
TSCN- $266,458 !
AMTD- $114,471 V, V, 5
VAST- $567,230 D, D, 2 (can this rise higher? someone thinks so)
ESPI- $292,300 C, 2 ! (struggling to stay alive, it appealled to continue listing on NASDy in AH Friday... meaning they think they can get this 94 cent-er back to $5 )
I'm guessing the chair of ESPI thinks Friday was the bottom. And USIX is a real puzzler.... it says insiders control 89% of the shares, which would leave under 10,000 shares in the float.... it finally completed its last monthly unlock Friday.... the insiders bought more than was released..... there was nearly 8,000 shorted as of 11/15 and it looks like a short squeeze may have finished Tuesday.... so it sure looks suspicious..... another buyout? The chart is showing higher peaks and higher bottoms since a late Oct bottom.
Note: this insider buying does not mean an immediate increase is certain, but it certainly means insiders are betting on higher prices before long. Do your own DD and guesswork. |
