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.
Technology Stocks : CheckFree (CKFR) -- Ignore unavailable to you. Want to Upgrade?


To: Rob C. who wrote (2038)2/26/1998 7:11:00 PM
From: Paul Dubsky  Read Replies (3) | Respond to of 8545
 
Not to get beat up or anything, but I think we'll see $16 before we see $30.

What's the take on recent insider sales? Several insiders have sold over 500,000 shares between $23 and $26 for a total value of over $15,000,000! What's with that? If this company is on the verge of being the next Citibank, why are insiders selling at current levels?

I'm not here to bad mouth the company, as I love it. Had some a few months back at $21, sold at $28, bought some at $29, sold at $27 (got scared of the short term downside risk from there).