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Technology Stocks : JMAR Technologies(JMAR) -- Ignore unavailable to you. Want to Upgrade?


To: Dave Swanson who wrote (6886)10/22/1998 7:24:00 PM
From: Candle stick  Read Replies (3) | Respond to of 9695
 
Why doesn't someone call Jack Martinez and tell him if he wants to see his stock back at higher prices (4-5 dollars) all he has to do is buy 100,000-200,000 shares for his personal account and get the rest of management to buy another 50,000 between them. Then file with the SEC. As soon as the market sees insider buying the stock will fly....I know many people that are holding back from buying until they see insider buying. I know that Mr. Martinez already owns 1.5 million shares, but at 2 bucks or less, one hundred thousand shares will cost him less than 200,000 dollars (I am sure he can swing this). BUT the impact on stock price will be at least 1-2 points, and he will gain 1.5-3 million dollars in increased valued of his holdings....sometimes you have to create your own momentum, when the market fails to do it.

I wish anyone who speaks to him would tell him this. I am buying companies like OXHP, where the CEO just bought 14 million $ of his own stock for his personal account. Stock was 7, shot up to 12 and now settled a bit above 10...and that is a company with accounting problems etc etc etc and they still got a 75% jump in price........lets go JMAR management!!!! BUY your own stock for your personal accounts (and not 5000 shares) and see the results...every value investor will be banging down your door to get in the stock.................;^)