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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Shane M who wrote (8195)9/15/1999 9:16:00 AM
From: Mike 2.0  Read Replies (1) | Respond to of 78842
 
Shane, TSG is on my watch list thanks to your heads-up. I looked for insider activity -- insidertrader.com is a good source -- and saw primarily option exercises. If we were to see any insider buying now that would be a very bullish indicator that there is less than meets the eye wrt recent CEO resignation (ie, he really did choose to leave for personal reasons, etc.). If I see such activity I'll post. Otherwise, still watching.

In a similar insider vein, DAB as I mentioned in earlier posts has been pounded, and insiders bought 2 days after the pre-announcement (insiders typically must wait 48 hours after a PR to trade the stock). The fact that a few jumped in right after the 2 day "blackout" [the PR was 8/27, trades made 8/30 amd 8/31] is a bullish signal IMO. Plus I did some recent Peter Lynch style analysis of Dave & Buster's BBQ ribs and virtual reality games :-) and like the concept.