Jim,
Oh, well. Mistakes happen. Maybe the VP made one too. But with 90,000 shares, (or now 88,000), the 2,000 is close to pocket change. He probably get that many shares back in the year-end options I sure that he gets.
If Costco keeps hitting that 45 barrier enough times, it's bound to break thru. Or if enough people get disgusted with it, break down to a price that even the VP will be tempted to buy some!
Anyway, it was a good post from the sense that you located another site for the rest of us to spend time to look at. Of course, considering how far I fall behind in just reading the postings of SI, it might be considered a "bad" post, too. <G>
Glad you didn't sell, though. As the founding member of this thread, and now that the old lurkershave graduated and are sending posts, you can give profound advice to the newby lurkers. The newbies are the replacement lurkers, and need to know that a great idea is to buy Costco as it bounces off from 45. And if they have enough $$, to buy Costco at 45 and get it through that barrier!! <g>
Mat
(P.S. Welcome all graduated lurkers. Jim and I always knew you were there. And welcome to all of the new lurkers, for you guys, no replies are required!) |