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Strategies & Market Trends : Undervalued Stocks = Low P/E to Growth Ratios -- Ignore unavailable to you. Want to Upgrade?


To: Mark[ox5] who wrote (268)11/2/1997 11:00:00 AM
From: Robert T. Quasius  Read Replies (1) | Respond to of 297
 
I looked at FIBR recently, but the substantial insider trading and
related party transactions turned me off. By the numbers, FIBR looks
seriously undervalued, but when the insiders are selling right and
left, the bad news clearly isn't overwith yet. Insider selling by the
President and other officers looks especially bad IMHO, because these
are usually the most knowledgeable.

Here's some insider transactions from www.Insidertrader.com

Month Type Amount Shares Who Share Price
Oct 144 20,625 5,000 1-D 4.125
Sept 4 887,340 219,000 1-P 4.05
Sept 144 784,348 206,149 4-N,O,U,O 3.80
Aug 4 691,369 103,331 1-P 6.69
Aug 144 77,181 12,700 1-S 6.08
Jul 144 146,000 21,000 2-U,O 6.95



To: Mark[ox5] who wrote (268)11/3/1997 8:17:00 AM
From: SirAlexx  Read Replies (2) | Respond to of 297
 
re: FIBR; the stock is possibly headed for the 2's or even lower; even the insiders have been sellers in this range; a fact that has been pooh-poohed on the FIBR thread.

that thread doesn't seem to have a realistic understanding of just how speculative that company is, and they have recently announced their intent to sell off some of their assets...

extra caution is advised there....