STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE Message Board

STOCKTALK

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 : STOCKS WITH ATTITUDE TEAM - FA/TA AND EVERYTHING ELSE

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Cary C who wrote (1251)	1/4/1998 6:29:00 PM
From: David Smith	Read Replies (3) of 2377

I agree with O'Neill that not all insider selling is an indictment of a company's prospects, though numerous academic studies have indicated that insider selling in general is an extremely important indicator of future stock performace. In the case of VVID, wouldn't you think it is important that an officer of the company sold EVERY single share he owned, the proceeds of which totaled over $300,000? That's more than sufficient to put braces on his kid's teeth or pay tuition. This occurred in June of 1997; Sergio, why do you consider this too far in the past? Only 12 weeks later, more insider selling took place, which you felt was significant enough to include in your research. Further, the fact that some institutional buying took place is less encouraging than the fact that NO insider buying has been reported. There was NO insider buying at all in October, when the stock price was down over 50% from it's high earlier in the year; indeed, an officer of the company was SELLING into the stock's decline. In my book, that's what is important.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next