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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Zeev Hed who wrote (44285)3/27/2002 12:17:02 AM
From: Jdaasoc  Read Replies (1) of 99280
 
AGM looks like it starting to roll over with interest rate hikes looming. No way they can keep dollar volumes of loan closings increasing if rates bottomed late last year.

AGM such low float it will be accentuated swoon. Institutions who own 74% of float will look to redeploy cash elsewhere if housing tanks.

Insider sales don't look good also.

Over the last 6 months:
· 14 insider sells; 247.0K shares
(10.1% of insider shares)
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