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To: yousef hashmi who wrote (47892)2/15/1998 2:46:00 PM
From: Ibexx  Respond to of 186894
 
yousef,

Re.GABELE'S INSIDER REPORTING on insider sales has no merit! INSIDER buys have credence but not sales, reasons are numerous for sales but only one for buys.

Completely agreed!

Over the years, I have found that newsletters focused on Insiders trades SELECTIVELY edited their data and, hence, enhanced their own agenda.

Only the BUYs can be considered reliable signals.

Ibexx



To: yousef hashmi who wrote (47892)2/15/1998 9:02:00 PM
From: Thomas M.  Respond to of 186894
 
I do not subscribe to his service, so I do not know if he rates the insider buying at those companies as significant. Sales have less credence than buys, but are not completely insignificant. Likewise, some buys are less significant than others. You might want to read some of his work. He knows this game quite well.

Tom


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