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Biotech / Medical : QDEL - Quidel more quick diagnosis
QDEL 20.37-4.2%Nov 7 3:59 PM EST
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To: R. Jaynes who wrote (1493)7/10/1998 8:48:00 AM
From: Mike Relyea   of 1693
 
R. Jaynes,

Here's what Peter Lynch said about insider buying in his book ONE UP ON WALL STREET: "There's no better tip-off to the probable success of a stock than that people in the company are putting their own money into it." "When insiders are buying like crazy, you can be certain that, at a minimum, the company will not go bankrupt in the next six months. When insiders are buying, I'd bet there aren't three companies in history that have gone bankrupt near term." "But there's only one reason that insiders buy: They think the stock price is undervalued and will eventually go up."

Mike
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