<<Give Ray some credit. >>
I did give him credit...I know he is for real, and appreciated his warning about being careful.....wouldn't go long HOMS now if it dropped to $10....
I agree that the inside distributions are usually a decent message. AEOS, FDRY, BRCM, BBBY, GYMB, SUNW...the list goes on and on, but the message is always clear...time to sell.
Yes, they could need a house, a car, a college education, but I remember being a long term B&H shareholder of NITE a few years ago, when Pasternak was selling the crap out of his stock. All those excuses were made then too....diversification, normal compensation, etc. Well, selling NITE in the 40's, 50's and 60's sure looks precient doesn't it?
Insider sales are almost NEVER a good sign, although longs will kid themselves into believing so.
Notice there are another 100k or so filed this am on HOMS.....the beat goes on... |
