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Non-Tech : Credit Acceptance (CACC) -- Ignore unavailable to you. Want to Upgrade?


To: Phil Jacobson who wrote (75)1/30/1998 6:25:00 PM
From: 5,17,37,5,101,...  Read Replies (1) | Respond to of 103
 
The GNT insiders really lost a lot of credibility among investors because they sold boatloads of stock in the $40's just prior to bad earnings announcement. I wouldn't be surprised to see a class action suit there too. Now a different group of insiders is buying in the mid $20's (the same group more or less that bought previously in the high $20's in '97), but I can tell you that I for one am not biting. On the other hand, IMHO, the selling in CACC has been overdone. We should see a rally to the $10 area cased upon a strong economy and the strong insider purchases at this price range.
Jackson