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Technology Stocks : Global Crossing - GX (formerly GBLX)
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To: RobertSheldon who wrote (11847)6/16/2001 1:50:35 PM
From: barry fowler  Read Replies (2) of 15615
 
If insiders recently sold on the expectation of a decline, ... why did they sell in the first place if the price is "rediculously low" for the longer term scenario? This implies a "short term mentality" -- almost an oxymoron in the world of insider buying / selling, unless there's something common shareholders have little visibility into.

Along the same train of thought, we'd expect the insiders (neglecting the fact that the sold shares were bought at pennies on the dollar) to buy shares on the expectation of a turn - around. Yes? Or, does being an insider dictate SEC rules for time-periods when buying / selling can take place?
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