SI
SI
discoversearch

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.
Strategies & Market Trends : News Links and Chart Links -- Ignore unavailable to you. Want to Upgrade?


To: stomper who wrote (2838)9/14/2002 11:16:47 AM
From: Return to Sender  Respond to of 29595
 
I agree this is not a huge amount of insider buying at all. It's true that most of the large cap semiconductor companies have buy back programs in place. But how many shares are actually being repurchased? Anyway, it would take a lot more insider buying than $3.6 million to help signal a bottom. At least the author of the article admitted the SOX probably has further to fall.

RtS



To: stomper who wrote (2838)9/14/2002 11:42:42 AM
From: Return to Sender  Respond to of 29595
 
Insider Buy and Sell Points. Just plug in a symbol:

custom.marketwatch.com

I plugged in AMD here. Insider buying has been taking place for quite a while and the stock has continued down.

biz.yahoo.com

RtS



To: stomper who wrote (2838)9/14/2002 1:31:13 PM
From: Steve Lee  Respond to of 29595
 
That article wasn't just comical, it was sheer deception.

The 3.6MM worth of shares is the market value. The actual dollars spent is much less cos they bought them thru stock option grants. What else would you expect them to do when given the opportunity to buy well below market price?

I analysed the August insider filings for all SOX components to find the truth behind that article.

It turns out that not even $200,000 of those "buys" were genuine buys. The rest were options vesting.

Message 17990565