Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : J.P. Morgan Chase (JPM) -- Ignore unavailable to you. Want to Upgrade?

To: nickel61 who wrote (12)	9/22/2001 12:44:55 AM
From: d:oug	Read Replies (1) \| Respond to of 30

Someplace on the web is a site where company officers like presidents and board members are listed when they file those required forms saying that they will trade shares in the company they are involved with. I'm don't think they have to say its a buy or sell, but i seems to remember that a number has to be given that they cannot exceed. Also, i believe there is a time limit like 2 months where anytime they can do the buy or sell for any volumn up to the number stated as a maximum. Seems like its close to a blank check, but atleast the public has a clue that they want to trade shares in their company. For example, i heard on the tv business news that a few companies have announced buy-backs which i'm not too sure what this means if its anything more than a company using cash or loans to buy on the open markets shares in itself. Someplace i heard that this is really counter productive, but then i think Warren Buffet does it for that Bershire or whatever the name of that never split $65,000/share company is. I would wonder, if for example GE did a buy back at the same day a VP in GE was allowed to trade a million shares then this VP would get a better price knowing GE was buying. Guess this info would be visual after the facts, but then i do not know what the mechanics of a company buy back is. Do you know of any web sites that tracks Warren Buffets and those big players like Soros that can move markets? I'm sure these guys knows the inners of the market, the good bad and ugly, and while i doubt Buffet would use that to screw others for his gain, i have heard that the Soros man or business has and will. Seems only a short matter of time in weeks that once this war on terrorism causes great uncertainity after the use of mass destruction attacks against the cities of all nations that joined with the USA occure that things like oil and all metals including non precious ones will become hard to obtain. Sorry if i have taken the worst possible expectation here, but these nations including the USA have set each up to receive easy attacks against them by terrorist simply because past policy decisions by the governemnt leaders were made as politicans wanting re-election and donations as in money to get re-elected, not for the safety and defense of the population. Example, bridges throughout America are in a sad state of condition with almost no maintence being done, and only after they collapse will a politician take money that he wants for his pork project be sent that way. A politician will build a not needed new bridge someplace to get votes, but will not spend money on fixing an unsafe bridge since that does not show up as him doing someone a favor that he can collect on before the next election. thanks doug