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Technology Stocks : J.D. Edwards debut! (JDEC)

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To: Caxton Rhodes who wrote (388)5/3/1999 7:34:00 PM
From: Michael Burry  Read Replies (2) of 583
 
Interesting thing about JDEC insider trades: overwhelming sells, and
they seem to sell big-time at the end of the quarters, with a month break after the quarter end. Could it be they really are front-running us? See the latest VP liquidate almost his entire holdings at 12 and change? Largest surges in insider selling have been june, september, december, and march.

On the bright side, this tells you that the insiders are willing to trade on inside information. So wait until the buying begins. Then you'll know that the company's best analysts (its insiders) are seeing the light at the end of the tunnel.

Or, buy at the open tomorrow, which is what most bulls will do.

Mike
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