John: FYI: I bought 20K shares today at 5/8, at about 2:05PM CST. Should be findable on the ticker. Paid 4 cents/share commission. (I need a good on-line brokerage deal...somebody tell me where I should go for a trust-worthy one!)
That little tid-bit is not intended as hype, its a fact! IMHO, its at a definite BUY point.
My broker told me today that some old 144 stuff is being sold by "insiders." These are people I've never heard of:
NAME.........SHARES SOLD.......DATE
BURROWS........25,000............9/4
RONALD FRE?....98,620............8/26
C CARLSEN.....240,000............8/26
M MARCHETTA...120,345............8/26
R E MARCHETTA.120,345............8/26
...ABOVE HANDLED BY MARGAN KEEGAN//MEMPHIS//(MAYBE JOHN GRESHAM-AUTHOR IS INVOLVED ;-))
D BAIR.........39,000............?
DORMAN.........22,500............?
S SMITH........30,000............?
...ABOVE HANDLED BY GREENWAY CAPITAL
Again, this appears to be very old 144 letter stock being sold. When other investors see "insider selling" going on, they immediately assume that its porcelain (sp?) facility time. I believe the readers of this thread know better!
Could it be that there are people out there that watch nothing but insider trades and make decisions to buy/sell based solely upon that? 'Fraid the answer to that is yes.
Wish some super-sleuth out there knew how to investigate when this 144 stuff was issued to these people. Might prove very interesting.
Bob Lewis
bpli.com |
