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 : Mish's Global Economic Trend Analysis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: CalculatedRisk who wrote (17282)12/1/2004 11:37:48 AM
From: mishedlo  Read Replies (2) of 116555
 
from cashe on the fool on nem & gg

I must remind myself that GG Founder and CEO sold a massive amount of his holdings in Gold Corp last December when GG was at a high of over $18.00 per share. The stock dropped a lot and has still not recovered to what it was trading at last December. I sure wish I knew he was going to do that, I would have sold all of my GG then and bought it back this summer. You know the Buy low Sell High thing.

One more thing...I rembember JDSU a few years back was trading in the $100 range after lots of splits...their CEO and founder sold his position out in the fall, he said he was "....giving a lot of the money away"..., JDSU started to fall, I got out 6 months later for around $50....today its $3 something.

Insider selling has to say something, not just "I'm taking some of my dollars off of the table now to pay me for all the time and effort building this company." Hogwash to many of them. I can see selling some of their positions but when it exceeds half to 90% something is "Rotten in Denmark".

I could not see myself selling my PM postions today and buying $'s, so what do these insiders know that we don't? Or will the stock they have retained skyrocket in value to more than its worth today because of the PM bull market?

I guess that's the risk to those who remain.

Cashe
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News