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Strategies & Market Trends : Mr. Pink's Picks: selected event-driven value investments

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To: Mr. Pink who wrote (16233)1/17/2002 12:18:02 AM
From: The Osprey  Read Replies (2) of 18998
 
Mr Pink. ......For once I agree wholeheartedly on your rating on Metris of T3/F......MTX, I am basing it on the insiders fine record of selling during the period from July 20/2001 andJuly 27,2001. and their uncanny ability to buy stock back at the bottoms over the last 6 months.
cbs.marketwatch.com

July 20th to July 27th MXT insiders look at stock exercised and stock sold in this range near the stocks high before it turned.David Reak sold 25000 and exercised 25000 stock options.Matthew Melius sold 41250 and exercised 41250 stock options in this period.Boy these insiders can sure pick highs and lows......LOL This is a short if ever I saw one.Why doesn't market surveillance ever pick up on the trading patterns???

The Osprey

PS-I see IMCL has a few other firms around who don't like the methodology employed by the administration.
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