I looked at FIBR recently, but the substantial insider trading and
related party transactions turned me off. By the numbers, FIBR looks
seriously undervalued, but when the insiders are selling right and
left, the bad news clearly isn't overwith yet. Insider selling by the
President and other officers looks especially bad IMHO, because these
are usually the most knowledgeable.
Here's some insider transactions from www.Insidertrader.com
Month Type Amount Shares Who Share Price
Oct 144 20,625 5,000 1-D 4.125
Sept 4 887,340 219,000 1-P 4.05
Sept 144 784,348 206,149 4-N,O,U,O 3.80
Aug 4 691,369 103,331 1-P 6.69
Aug 144 77,181 12,700 1-S 6.08
Jul 144 146,000 21,000 2-U,O 6.95 |
