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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Warthog who wrote (21047)9/25/2000 7:30:30 PM
From: Sergio H  Respond to of 29382
 
Hey Wart. Thanks for the confirmation. I've been tracking WDC for a few months due to the large block buying that it has attracted. Everything that I've been reading points to higher earnings and a turnaround in progress.

On NCOG, it looks like you were just a little too early. Shortly after you picked the stock in our prior contest, insiders starting buying the stock. Insider buying is usually a few months ahead of good news.

NCOG was featured recently at www.Insiderscores.com :

<NCOG is a collections firm; buying here is rare - we had some small buying in 1997

The CEO has been a filer since 1996; this is his first buy ever - the stock has been dragged down on the perception that a weaker economy going forward will affect the payment patterns of consumers

That insiders are buying here could reflect that they think the prospects are a little better than what the market has been factoring in

4 insiders buying 59k shares @ $16.81-18.06; CEO Michael Barrist bought 50k shares.>

Looking forward to your new pick. NCOG once again?

Sergio