SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : YEEHAW CANDIDATES

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ken W who wrote (4500)2/7/2004 12:08:04 PM
From: Sergio H  Read Replies (1) of 23958
 
Ken, ACO went into the low single digits because it paid the shareholders a huge one time dividend, from my memory $17/share. This was cash derived from the sale of a division.

The current insider selling into a co. share buyback is considered a negative by some. It can be argued that the insiders are using the company books to exercise options. Personally, I don't have a problem with this practice. It's management's job to improve the co's bottom line and the options that they are exercising and profitting from are the result of meeting that goal.

Thanks for your confirmation on the technicals. Let's add this one on Monday. If you have time, take a look at the technicals on STXN. Cary has mentioned this stock previously. The more I look at it, the more I like it. Only hang up for me is the technical picture. I see the stock filling the gap about 50 cents or so lower than its current price.

Joe and I have been talking about trimming the folio of abandoned stocks. We'll give it another day and then go ahead and start the trimming, so please let's hear from all that have stocks in our folio that have been neglected of late.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext