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Technology Stocks : Power Integrations (POWI) -- Ignore unavailable to you. Want to Upgrade?


To: Toby Zidle who wrote (411)5/11/2000 1:46:00 PM
From: Si_Detective  Respond to of 449
 
Toby, I don't know if those insiders foreseen the REV. shortfall as the reason for their selling over $50, $50 is $100 pre-split and most of them have preIPO option prices, if I were them I would have sold some too.
As for insider buying, it's just speculation on my part, how long it takes before Yahoo update its insider trading activities?
Some exercised their option, but did they sell yet? Even though they sell, how many percent it is of their vested and unvested options?
My experience on insider trading is this: I don't pay too much attention to insider selling, I'll pay extra attention to insider buying.
Good luck investing.



To: Toby Zidle who wrote (411)5/11/2000 1:57:00 PM
From: Si_Detective  Respond to of 449
 
Also, Toby, I am no TA guy, but it's obvious to me that $28-29 would be a resistance as this is the point it dropped after the annoucement. I were daytrading a lot the past three months, but since the market crash I've decided to go into job market again as I think a lot of the semi cos. provide more reasonable value now, so I decided to hold all my stocks as I won't have that much time to track my stocks anymore.
Now IF I am 100% sure POWI it's going to drop 6-7 pts from 29, I would have sold it too. :)))



To: Toby Zidle who wrote (411)5/11/2000 7:13:00 PM
From: lifeisgood  Read Replies (1) | Respond to of 449
 
This would lead me to believe that we haven't yet seen bottom on POWI share prices.

I must agree. Insiders sold a boatload of shares in the $50 range suggesting that we won't see that price level again anytime soon. I think we see continued downside with occasional pops like today. The astute trader can take advantage of this volatility. I don't have time to. Sold entire position at 28 recently and will re-enter at 18 and add on the way down from there.