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Technology Stocks : IFMX - Investment Discussion
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To: Neil Kochar who wrote (14522)2/16/2001 12:56:55 PM
From: Dave O.   of 14631
 
< Here are the insiders trading (for 2001) reported. Agreed that the number may not be that big but there is not a single buy. >

First, some of the trades you cite are from December 2000 and were likely tax loss selling. The range of trades went from a low of $3 per share up to a high of $7.46. The biggest sale of 20,000 shares was some genius who sold at $5/share, and we're at 7 1/4 today with the continued weakness in the NASDAQ so that guy cost himself another $45,000. The total shares sold in what you posted was under $50,000 shares. Some retail investors likely hold that many shares. If not mistaken, IFMX closed 2000 at around 2 7/8 so it's up 150% YTD.
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