| Author |
Message |
    
Public_heel
Moderator
Username: Public_heel
Post Number: 7100
Registered: 12-2003
| | Posted on Sunday, April 20, 2008 - 12:27 am: | 
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No, I haven't used it in a long time. The advantage got smaller and smaller until there was no significant advantage at all... |
Treesloth
Registered Member
Username: Treesloth
Post Number: 2025
Registered: 07-2005
| | Posted on Saturday, April 19, 2008 - 11:34 pm: |
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Heel,
Do you still use Insider Scope for insider buying/Selling? I guess it's called insiderscore.com now. |
Jfh
Moderator
Username: Jfh
Post Number: 571
Registered: 10-2003
| | Posted on Thursday, August 03, 2006 - 05:28 am: |
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Dow Chemical Insiders Buy $1.6M in Stock
Wednesday August 2, 5:46 pm ET
By Nicolas Brulliard, Dow Jones Newswires
Dow Chemical Insiders Buy $1.6 Million Shares
http://biz.yahoo.com/ap/060802/dow_chemical_insiders.html?.v=1 |
Public_heel
Moderator
Username: Public_heel
Post Number: 1907
Registered: 12-2003
| | Posted on Monday, January 30, 2006 - 11:20 am: |
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T/S - That particular insider (the CFO) left the company a while back. I'd guess he sold his stock, though he was no longer obligated to report it.
They made .14, and predicted better next quarter. Let's say they will now be at $.64/year, which makes this morning's price a PE of 11 or so... |
Treesloth
Registered Member
Username: Treesloth
Post Number: 643
Registered: 07-2005
| | Posted on Monday, January 30, 2006 - 11:11 am: |
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P/H,
TRCI...It looks like the insiders knew what they were doing. |
Public_heel
Moderator
Username: Public_heel
Post Number: 1896
Registered: 12-2003
| | Posted on Friday, January 27, 2006 - 03:44 pm: |
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I got my data back, but missed on week of updates. I also bought another computer, so I can have two up to date and ready to go at all times.
CHK - THe guys who were buying haven't picked up any more since the NG price collapsed. The CFO exercised and then dumped a bunch of options. Doesn't look particularly positive.
CWEI - According to my data, the three buying entities own well over 100% of the company, so I guess I'm at least a little bit off. I don't see why they don't take it private. If you biught in and they went private, they wouldn't have to buy your shares, but they'd probably want to. |
Killernut
Registered Member
Username: Killernut
Post Number: 3242
Registered: 10-2003
| | Posted on Friday, January 27, 2006 - 03:24 pm: |
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PH, ddi you ever get your data back?
What do you think of CWEI and CHK insider buying? |
Public_heel
Moderator
Username: Public_heel
Post Number: 1751
Registered: 12-2003
| | Posted on Friday, December 23, 2005 - 05:41 pm: |
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K/N - You'll have to go to Yahoo, I'm afraid. I'm sitting at a Kinko's in California right now, while my computer is in the ER, hopefully (but not necessarily) being resusitated. |
Killernut
Registered Member
Username: Killernut
Post Number: 3186
Registered: 10-2003
| | Posted on Friday, December 23, 2005 - 12:11 am: |
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PH, what do you show for insider action on CHK? |
Public_heel
Moderator
Username: Public_heel
Post Number: 1337
Registered: 12-2003
| | Posted on Wednesday, November 09, 2005 - 09:58 am: |
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JFH - last year, he sold 1.5m shares at $12.69, so maybe his judgement isn't all that great... |
Treesloth
Registered Member
Username: Treesloth
Post Number: 449
Registered: 07-2005
| | Posted on Wednesday, November 09, 2005 - 07:52 am: |
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All right Hugh!! He's been one of my heroes since I was a little kid...Imagine having a job where you can wear your bathrobe and hang out with beautiful girls all day..... |
Jfh
Moderator
Username: Jfh
Post Number: 217
Registered: 10-2003
| | Posted on Wednesday, November 09, 2005 - 04:58 am: |
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Talk about insiders !
"Hugh Hefner purchased purchased 62,000 shares of Playboy (NYSE:PLA - News) between $14.55 -$14.80" |
Public_heel
Moderator
Username: Public_heel
Post Number: 1109
Registered: 12-2003
| | Posted on Sunday, October 16, 2005 - 02:13 pm: |
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It looks like a GTZ, why not short it ?
They have a year's cash on hand, and they're selling shares to pick up another year's worth. Besides, they have a negative gross margin, so losing a big customer should actually save them money... |
Jfh
Moderator
Username: Jfh
Post Number: 166
Registered: 10-2003
| | Posted on Sunday, October 16, 2005 - 10:28 am: |
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P/H; CPST : thank you. It looks like a GTZ, why not short it ? |
Public_heel
Moderator
Username: Public_heel
Post Number: 1108
Registered: 12-2003
| | Posted on Sunday, October 16, 2005 - 09:09 am: |
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JFH
http://www.marketwatch.com/news/yhoo/story.asp?source=blq/yhoo&siteid=yhoo&dist= yhoo&guid=%7B59F47509%2D3D11%2D4EEB%2DBF6B%2D0BA04734BD66%7D |
Jfh
Moderator
Username: Jfh
Post Number: 165
Registered: 10-2003
| | Posted on Sunday, October 16, 2005 - 04:45 am: |
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Capstone (CPST) has crashed the past few days from 6 to 2
P/H what do you think ? Greenberg said something about them: what was it ? |
Public_heel
Moderator
Username: Public_heel
Post Number: 897
Registered: 12-2003
| | Posted on Tuesday, October 04, 2005 - 09:53 am: |
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JFH - Not that big a deal, from what I can see. Four directors are buying in concert, but they aren't buying all that much and they don't own all that much. Company officers are not buying, although they may have enough options so that they don't need to... |
Jfh
Moderator
Username: Jfh
Post Number: 151
Registered: 10-2003
| | Posted on Tuesday, October 04, 2005 - 04:43 am: |
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From TradingMarkets.com :
"Capstone (NasdaqNM:CPST - News) rose after a CNBC guest said the company had record insider buying. Also, there is a very interesting pattern going on here" |
Jfh
Moderator
Username: Jfh
Post Number: 147
Registered: 10-2003
| | Posted on Saturday, October 01, 2005 - 04:55 am: |
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From TradingMarkets.com today :
"The CEO at SeaChange (NasdaqNM:SEAC - News) bought 91,000 shares between $5.36 - $5.66. The stock rose 13% on Friday--basically parabolic--but may be one to watch on pullbacks."
"A director at Electronic Clearing (NasdaqSC:ECHO - News) bought 14,000 shares at $9.16/share. Generally speaking, insider buys are more significant than sales." |
Public_heel
Moderator
Username: Public_heel
Post Number: 858
Registered: 12-2003
| | Posted on Thursday, September 29, 2005 - 12:14 pm: |
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JFH - Actually, he increased his holdings by less than 5%. Still good news, but the possibility that it's being hyped is of some concern.
I bought in a week ago when a director bought 75k shares... |
Jfh
Moderator
Username: Jfh
Post Number: 143
Registered: 10-2003
| | Posted on Thursday, September 29, 2005 - 11:50 am: |
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Jacuzzi exec buys stock
Wednesday September 28, 4:36 pm ET
The chairman and chief executive officer at Jacuzzi Brands has spent $366,250 - paying market prices for shares - to increase his direct stock holdings in the company by nearly half.
In his filing to the Securities and Exchange Commission, David H. Clarke said he bought 50,000 shares in the West Palm Beach-based bath and plumbing products company for an average 7.32 and a half cents a share, Tuesday.
ADVERTISEMENT
click here
After his purchases, Clarke had 1.1 million common Jacuzzi Brands (NYSE: JJZ - News) shares.
The officer also owns shares indirectly: 79,534 shares in an employee retirement savings and investment plan, 1,000 via his spouse and 293,645 through a holding company.
Shares closed up 47 cents, or 6.5 percent, to $7.70. The 52-week high was $11.82 on July 18. The 52-week low was $6.65 on Aug. 11.
Published September 28, 2005 by the South Florida Business Journal |
Public_heel
Moderator
Username: Public_heel
Post Number: 823
Registered: 12-2003
| | Posted on Tuesday, September 27, 2005 - 05:15 pm: |
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Maybe not, but he can get his wife's second cousin's massage therapist to short it for him... |
Treesloth
Registered Member
Username: Treesloth
Post Number: 227
Registered: 07-2005
| | Posted on Tuesday, September 27, 2005 - 05:08 pm: |
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P/H, it would only be paper profits right? I'm not sure if it is Kosher for an insider to sell a position he has held for a very short period, the same day an announcement is made. |
Public_heel
Moderator
Username: Public_heel
Post Number: 821
Registered: 12-2003
| | Posted on Tuesday, September 27, 2005 - 05:04 pm: |
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TS - he's up $3k, at the moment. maybe that's all he wanted.
The trouble with announcements like this is that, unless you follow the company much more closely than I can, you don't know if the order is really new, or just part of an ongoing revenue stream.
If they win their patent infringement suit, though, they'll go to $7, methinks... |
Treesloth
Registered Member
Username: Treesloth
Post Number: 225
Registered: 07-2005
| | Posted on Tuesday, September 27, 2005 - 04:53 pm: |
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it was an 8.3 million dollar sale. Good, but the CFO must think there is more to come if he bought 10K shares at $4.10 |
Treesloth
Registered Member
Username: Treesloth
Post Number: 224
Registered: 07-2005
| | Posted on Tuesday, September 27, 2005 - 04:44 pm: |
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P/H, TRCI..They just got a big military order. |
Public_heel
Moderator
Username: Public_heel
Post Number: 433
Registered: 12-2003
| | Posted on Tuesday, August 23, 2005 - 11:29 am: |
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T/S - I'm not going to buy any more until/unless the CFO buys more... |
Treesloth
Registered Member
Username: Treesloth
Post Number: 120
Registered: 07-2005
| | Posted on Tuesday, August 23, 2005 - 11:11 am: |
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I've been looking at TRCI. I still haven't pulled the trigger. I'm a little afraid of companies that trade on such thin volume, although they can move in a hurry. |
Treesloth
Registered Member
Username: Treesloth
Post Number: 87
Registered: 07-2005
| | Posted on Sunday, August 14, 2005 - 01:45 pm: |
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P/H,
Thanks for posting the COGS info, that adds more light. This is speculation on my part, but it clearly seems the board was not happy with certain aspects of execution, or the CEO would still be there. Maybe the CFO is buying because the company is implementing cost cutting steps will make the income statement look better. |
Public_heel
Moderator
Username: Public_heel
Post Number: 353
Registered: 12-2003
| | Posted on Sunday, August 14, 2005 - 01:03 pm: |
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TRCI - From the company's 10-q for the 12/2004 quarter:
revenues relating to the RAC market are expected to be seasonal with the majority of revenues being generated during the Company's third and fourth fiscal quarters [the Dec and Mar quarters]
Gross profit was 21.1% of total revenues for the three months ended December 31, 2004, compared to 40.8% in the same quarter last year. The major factors impacting the Companys gross profit during the quarter were (i) higher than planned startup expenses at its Honduran manufacturing facility and at its three Far East contract manufacturers to produce the new Fire ShieldŪ LCDI Power Cords for use on room air conditioners; (ii) significant additional freight costs, which the Company incurred to meet its RAC customers delivery requirements; and (iii) competitive pricing required to capture market share in the new RAC market. See also Footnote No. 6 Vacation. Gross profit was 28.5% for the nine-month period ended December 31, 2004, compared to 38.5% for the same period last year. The decrease was primarily related to those factors mentioned above, which impacted gross profit for both the second and third quarters. The Company expects to improve manufacturing productivity during the fourth quarter as it works through the start-up phase of meeting the rigid demands of this new market.
It looks like some of the increase in COGS is permanent, and some temporary. Once again, I'm inclined to go with the CFO's judgement on this... |
Treesloth
Registered Member
Username: Treesloth
Post Number: 85
Registered: 07-2005
| | Posted on Sunday, August 14, 2005 - 10:31 am: |
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If it goes below 4 I'm going to start scaling in with a small position, and then I'll add if an uptrend begins. |
Killernut
Registered Member
Username: Killernut
Post Number: 2594
Registered: 10-2003
| | Posted on Sunday, August 14, 2005 - 08:40 am: |
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Let me know if he buys more. |
Public_heel
Moderator
Username: Public_heel
Post Number: 352
Registered: 12-2003
| | Posted on Saturday, August 13, 2005 - 11:38 pm: |
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T/S - The difference is in COGS, which jumped up suddenly in the December quarter. Three consecutive quarters of high COGS doesn't seem to me like a CEO's fault.
Anyway, a lot of this could be a matter of timing, and no one understands that better than the CFO. The fact that he quadrupled his position immediately after the earnings quiet period makes me think he knows this quarter will be better.
I'll say this... if the CFO buys more, especially if he buys more at a higher price, I'm going from 1500 shares to 3000.
(Message edited by public_heel on August 13, 2005) |
Treesloth
Registered Member
Username: Treesloth
Post Number: 84
Registered: 07-2005
| | Posted on Saturday, August 13, 2005 - 11:24 pm: |
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TRCI,
It's not that often that I've seen a top line increase by 48%, and a bottom line decrease by 57%. I wonder why costs increased that dramatically in an electrical supply company?
Was the CEO canned because of disagreement over the lawsuit, or because he had no clue about how to contain costs. |
Public_heel
Moderator
Username: Public_heel
Post Number: 338
Registered: 12-2003
| | Posted on Friday, August 12, 2005 - 04:10 pm: |
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K/N - I was just struck by the CFO's buying pattern. He certainly could be wrong - insiders often are - but he clearly thinks the stock's a bargain at this price. |
Killernut
Registered Member
Username: Killernut
Post Number: 2590
Registered: 10-2003
| | Posted on Friday, August 12, 2005 - 03:18 pm: |
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TRCI seems interesting.
It seems as though the ex CEO and new (and once previous CEO) had some differences. Obviously the CFO agrees with the new CEO's direction which includes a patent lawsuit against a competitor.
Again, I will wait and watch and look for an uptrend. |
Public_heel
Moderator
Username: Public_heel
Post Number: 317
Registered: 12-2003
| | Posted on Thursday, August 11, 2005 - 11:49 am: |
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TRCI looks interesting. Strong balance sheet and decent earnings. The CFO bought 1k shares at $5.82, then 2k shares at $5.38, then 10k shares at $4.10.
It's almost like he's saying, "this price is way too low." I wouldn't think the CFO of a $23m company would have money to waste...
I got some at $4.18 this morning. I think I'd better put it away and forget about it until whatever the CFO is expecting to happen comes to pass... |
Jfh
Moderator
Username: Jfh
Post Number: 245
Registered: 10-2003
| | Posted on Tuesday, May 24, 2005 - 04:34 am: |
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From TradingMarkets.com:
"Briefing.com reports that a Level Three (NasdaqNM:LVLT - News) director bought 200,000 shares between $1.99 - $2.00. Low-priced stocks are always investor favorites and you can bet this will get some interest. Just use good money management please." |
Tree_sloth
Registered Member
Username: Tree_sloth
Post Number: 1179
Registered: 10-2003
| | Posted on Tuesday, December 14, 2004 - 02:38 pm: |
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REcent insider selling has been high according to this article.
http://news.yahoo.com/news?tmpl=story&u=/ap/20041214/ap_on_bi_co_ne/all_business |
Public_heel
Moderator
Username: Public_heel
Post Number: 3910
Registered: 12-2003
| | Posted on Saturday, October 09, 2004 - 09:26 am: |
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JFH - I would say not. As a rule, insider sales mean little, and these are pretty insignificant as sales go. |
Jfh
Moderator
Username: Jfh
Post Number: 1383
Registered: 10-2003
| | Posted on Saturday, October 09, 2004 - 04:28 am: |
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thanks p/h
So I guess the figures for KLAC don't mean much either |
Public_heel
Moderator
Username: Public_heel
Post Number: 3897
Registered: 12-2003
| | Posted on Friday, October 08, 2004 - 03:42 pm: |
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KLAC - A director recently sold 10k shares (10%) at $40.33, and the CoB sold 25k shares (1.5%) at $40.05. |
Jfh
Moderator
Username: Jfh
Post Number: 1380
Registered: 10-2003
| | Posted on Friday, October 08, 2004 - 10:57 am: |
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Thanks for SNWL info
Sorry I meant KLAC not klad |
Public_heel
Moderator
Username: Public_heel
Post Number: 3893
Registered: 12-2003
| | Posted on Friday, October 08, 2004 - 09:20 am: |
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SNWL - nothing in last 11 months
KLAD - nothing at all |
Jfh
Moderator
Username: Jfh
Post Number: 1379
Registered: 10-2003
| | Posted on Friday, October 08, 2004 - 09:01 am: |
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p/h:
KLAD and SNWL : any noticeable insider activity ?
TIA |
Public_heel
Moderator
Username: Public_heel
Post Number: 3847
Registered: 12-2003
| | Posted on Sunday, October 03, 2004 - 08:55 pm: |
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SLR and EMC insider activity doesn't say much one way or the other. |
Jfh
Moderator
Username: Jfh
Post Number: 1354
Registered: 10-2003
| | Posted on Sunday, October 03, 2004 - 11:26 am: |
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I'm planning on adding to my EMC and SLR positions. Any thoughts from our eminent specialists and insider trading watchers ? |
Killernut
Registered Member
Username: Killernut
Post Number: 1386
Registered: 10-2003
| | Posted on Tuesday, August 24, 2004 - 02:55 pm: |
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PH, I can think of a couple. Not sure totally on the validity.
The first is that the option exercise locks in the basis of the shares for future capital gains/losses.
Tax timing. Taxes are due at the exercise (sale or not). I've always figured the earlier in the year the exercise is made allows for much more time/leeway to make the tax payment. |
Public_heel
Moderator
Username: Public_heel
Post Number: 3471
Registered: 12-2003
| | Posted on Tuesday, August 24, 2004 - 02:44 pm: |
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A question: Is there any reason for an insider to exercise options, without selling, other than that they have reached a date when he must either exercise them or lose them? |
Public_heel
Moderator
Username: Public_heel
Post Number: 3182
Registered: 12-2003
| | Posted on Saturday, July 31, 2004 - 11:51 am: |
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July's SEC filings for purchases by insider-officers were the lowest I have on record (back three years). The sell/buy ration was 19-1.
Interestingly, the second-lowest month I have was last July, so I guess there's seasonality involved. |
Public_heel
Moderator
Username: Public_heel
Post Number: 3172
Registered: 12-2003
| | Posted on Friday, July 30, 2004 - 06:02 pm: |
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WWCA's insiders are more active than in any other stock that I can recall. They started selling as soon as the stock came back up to $20 in January, and have dumped over $3m since then.
The insiders still have very large positions, though. |
Jfh
Moderator
Username: Jfh
Post Number: 1125
Registered: 10-2003
| | Posted on Friday, July 30, 2004 - 05:44 pm: |
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easy, p/h, remember WWCA ?
http://biz.yahoo.com/fo/040729/f81ac311059fb802951bf4adecc74968_1.html |
Easyquanter
Registered Member
Username: Easyquanter
Post Number: 204
Registered: 10-2003
| | Posted on Sunday, May 16, 2004 - 05:15 pm: |
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P/H,
As you may remember, I use different data and different methodology than yours to measure aggregate insider activity. My numbers confirm yours in the direction they've taken, though not in the magnitude. In the last few weeks they've improved to about a 20 to 1 sell/buy ratio from the 60 to 1 and 100 to 1 ratios I saw earlier this year. Big improvement but nowhere near the bullish area which I take as 5 to 1 or lower. |
Public_heel
Moderator
Username: Public_heel
Post Number: 2259
Registered: 12-2003
| | Posted on Sunday, May 16, 2004 - 01:29 pm: |
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The level of insider buying has picked up dramatically in the last three weeks. My data shows an average of 105 buys per day, while the rest of 2004 averaged only 66 buys per day. In the last month, the sell/buy ratio is been a very low 8.5...
I don't know how much this means, as the insiders have not been very good predictors over the last several years. |
Jfh
Moderator
Username: Jfh
Post Number: 821
Registered: 10-2003
| | Posted on Wednesday, May 12, 2004 - 11:47 am: |
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and insider selling abates:
http://biz.yahoo.com/cbsm/040512/82a43393d9c74054918a8b0a5507cab6_1.html |
Public_heel
Moderator
Username: Public_heel
Post Number: 2163
Registered: 12-2003
| | Posted on Tuesday, May 11, 2004 - 10:13 am: |
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FWIW - Insider buying is up quite a bit over the last few weeks, and insider selling is down. Of course, insiders have been pretty thoroughly wrong recently, at least as to the direction of the overall market. |
Jfh
Registered Member
Username: Jfh
Post Number: 535
Registered: 10-2003
| | Posted on Wednesday, March 31, 2004 - 03:45 am: |
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thanks for looking |
Public_heel
Moderator
Username: Public_heel
Post Number: 1443
Registered: 12-2003
| | Posted on Tuesday, March 30, 2004 - 05:27 pm: |
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The Eminent Specialist has looked at the NRP action and has concluded....................................................................... ................................. that it is inconclusive. |
Jfh
Registered Member
Username: Jfh
Post Number: 528
Registered: 10-2003
| | Posted on Tuesday, March 30, 2004 - 11:57 am: |
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would our eminent specialists give me their opinions about the insider activity at NRP ?
Thank you |
Albertouc
Registered Member
Username: Albertouc
Post Number: 167
Registered: 10-2003
| | Posted on Friday, March 05, 2004 - 10:28 am: |
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Ph:
we are not opening well, today. Nothing else of interest? |
Albertouc
Registered Member
Username: Albertouc
Post Number: 166
Registered: 10-2003
| | Posted on Friday, March 05, 2004 - 08:53 am: |
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Ph:
That italians have more fun, thatīs for sure. That they make up the difference I do not know.
Anyway, a couple of insiders stocks did well yesterday, as you and Jfh can see from the Round Table!!
I am reading here if you have anything of interest today. Then I will be back in the weekend.
|
Public_heel
Moderator
Username: Public_heel
Post Number: 1011
Registered: 12-2003
| | Posted on Thursday, March 04, 2004 - 05:22 pm: |
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Alberto
One interesting feature is that germans claim to be very poor and save as much as possible, while in Italy nobody seems to care and wastes as much as possible. I sort of guess what the end will be.
You don't have to guess; you're living in it. Italians have more fun. They make up the difference from all the German tourists who come down. WHat do you think is the ratio of German tourist money spent in Italy compared to Italian tourist money spent in Germany? |
Albertouc
Registered Member
Username: Albertouc
Post Number: 165
Registered: 10-2003
| | Posted on Thursday, March 04, 2004 - 04:28 pm: |
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Ph:
Here they speak East German; would you recognize that?
One interesting feature is that germans claim to be very poor and save as much as possible, while in Italy nobody seems to care and wastes as much as possible. I sort of guess what the end will be.
|
Albertouc
Registered Member
Username: Albertouc
Post Number: 164
Registered: 10-2003
| | Posted on Thursday, March 04, 2004 - 04:23 pm: |
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By the way: there was a small insider purchase in ICGE some days ago, and it is moving well today!! |
Public_heel
Moderator
Username: Public_heel
Post Number: 1009
Registered: 12-2003
| | Posted on Thursday, March 04, 2004 - 04:15 pm: |
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Alberto - I'm glad to hear that Germany is different. I was looking out my window here, thinking that Germany looked the same, only with people walking around speaking.... um, what language do they speak in Germany? |
Albertouc
Registered Member
Username: Albertouc
Post Number: 163
Registered: 10-2003
| | Posted on Thursday, March 04, 2004 - 04:12 pm: |
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No, just in the computer lab looks like California. The real palace is different.
There are more sites that I cannot reach. Perhaps the set up of the machine here gives problems.
I do not even reach the site from which I read the news, so I know nothing of the reactions to the unchanged rate. I will read this board tomorrow as well.
|
Public_heel
Moderator
Username: Public_heel
Post Number: 998
Registered: 12-2003
| | Posted on Thursday, March 04, 2004 - 11:55 am: |
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K/N - thanks. I take it that's 2:30 pm there, which is a couple of hours ago.
Well, that' kind of disappointing. I would have thought that not changing rates would be more positive for the Euro, and for Gold. |
Killernut
Registered Member
Username: Killernut
Post Number: 436
Registered: 10-2003
| | Posted on Thursday, March 04, 2004 - 11:52 am: |
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PH.
quote:At today's meeting the Governing Council of the ECB decided that the minimum bid rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 2.00%, 3.00% and 1.00% respectively.
The President of the ECB will comment on the considerations underlying these decisions at a press conference starting at 2.30 p.m. today.
|
Public_heel
Moderator
Username: Public_heel
Post Number: 997
Registered: 12-2003
| | Posted on Thursday, March 04, 2004 - 11:30 am: |
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Alberto - What a disappointment. I would hope that Germany would not look so much like California. Do you know what the ECB did about interest rates today? For some reason, I can't find the news here... |
Albertouc
Registered Member
Username: Albertouc
Post Number: 162
Registered: 10-2003
| | Posted on Thursday, March 04, 2004 - 11:17 am: |
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I do not understand my connection problems either.
The connection is pretty good, but I get an error message on the InsideScope board (maybe I have to put the password somewhere before trying to connect). Also, I read my e-mail not via web, but directly using Eudora, or something, and I canīt connect my portable pc.
I am in Potsdam, but it might be California seen from this computer lab.
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Public_heel
Moderator
Username: Public_heel
Post Number: 994
Registered: 12-2003
| | Posted on Thursday, March 04, 2004 - 10:51 am: |
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Alberto - I don't understand why you can't get to the InsideScope board. Do you need the URL?
Today, there is a long-term rec for VRSO, and not much else. |
Jfh
Registered Member
Username: Jfh
Post Number: 410
Registered: 10-2003
| | Posted on Thursday, March 04, 2004 - 09:58 am: |
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al: where are you in Germany ?
They have ADSL all over so what's the problem regarding the connections ? |
Albertouc
Registered Member
Username: Albertouc
Post Number: 160
Registered: 10-2003
| | Posted on Thursday, March 04, 2004 - 09:05 am: |
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Ph:
I am in Germany, now, and apparently I canīt do much with my usual connections. In particular no e-mail and no access to most of the sites I visit. One I can reach is this one, which seems to work well. Do you mind posting here a very short version of the daily stocks of interest? Just from yesterday(wednsday) up to and including Friday would do. Just a list of stock names would do.
It could also serve a simple explanatory example for Jfh of how good, or bad, this selection works.
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Easyquanter
Registered Member
Username: Easyquanter
Post Number: 137
Registered: 10-2003
| | Posted on Tuesday, March 02, 2004 - 03:28 pm: |
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jfh,
Well, you remember what happened. Following the insiders gave me splendid results for three to four years. Then beginning around 2001, this method of stock selection produced terrible results for more than a year. That is as long as I followed insiders closely. How it's done since I gave up on this method about 18 months ago, I don't know. |
Jfh
Registered Member
Username: Jfh
Post Number: 403
Registered: 10-2003
| | Posted on Tuesday, March 02, 2004 - 12:59 pm: |
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ok, thanks, always interesting.
Did you keep it at the old 11west ? or part of it ? Just curious, if you can't answer, I'll understand, but no more presents for your birthdays and Xmas |
Public_heel
Moderator
Username: Public_heel
Post Number: 966
Registered: 12-2003
| | Posted on Tuesday, March 02, 2004 - 12:52 pm: |
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What of your relationship with the Washington Service Bureau ?
Still in it.
Still active and if so, how many of you and what of tc ?
No comment.
If still active, is it profitable?
Comme ci, comme ca. It has been good over the last few months, but we look only at low-priced stocks, and I'm not sure how much better we have done than the overall market in low-priced stocks, which has been on fire.
I expect our methods to be money-losers when the Market turns south, whenever that may be...
What of insider trading in general (question also for easyquanter) ?
Continues to be decoupled from the Market. Insiders selling like no tomorrow. I have tested Easy's method fro find short-sales based on insider selling, and it would have been unprofitable for quite some time now. |
Jfh
Registered Member
Username: Jfh
Post Number: 400
Registered: 10-2003
| | Posted on Tuesday, March 02, 2004 - 12:27 pm: |
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p/h, alberto:
What of your relationship with the Washington Service Bureau ?
Still active and if so, how many of you and what of tc ?
If still active, is it profitable ? What of insider trading in general (question also for easyquanter) ? |
Public_heel
Moderator
Username: Public_heel
Post Number: 717
Registered: 12-2003
| | Posted on Monday, February 09, 2004 - 03:32 pm: |
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January buying by officers down 20% from last year. Sell/buy ratio about 15 (last year's was 3). For non-officers, selling was up even more, and buying down even more... |
Jfh
Registered Member
Username: Jfh
Post Number: 35
Registered: 10-2003
| | Posted on Wednesday, November 12, 2003 - 08:31 pm: |
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I sold FHRX for an excellent price
My ULGX position shows a loss of 8% but the entire biotech sector has been ugly recently. It has recovered somewhat today so let's hope for the best |
Albertouc
Registered Member
Username: Albertouc
Post Number: 7
Registered: 10-2003
| | Posted on Wednesday, November 12, 2003 - 08:20 pm: |
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Jfh: some other insider purchase did turn out to be predictive. I recall you bought some FHRX and ULGX some time ago. I unfortunately sold them a while ago  , but I hope you still have them, as FHRX has been one of those in which insiders were rather good in prediction. |
Public_heel
Moderator
Username: Public_heel
Post Number: 135
Registered: 10-2003
| | Posted on Tuesday, November 11, 2003 - 01:03 pm: |
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Actually, the BPUR insiders have done well, overall. Some sold out at double today's price. Some bought around today's price and haven't really lost anything. |
Jfh
Registered Member
Username: Jfh
Post Number: 30
Registered: 10-2003
| | Posted on Tuesday, November 11, 2003 - 12:34 pm: |
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Except it wasn't so at BPUR |
Public_heel
Moderator
Username: Public_heel
Post Number: 133
Registered: 10-2003
| | Posted on Tuesday, November 11, 2003 - 12:11 pm: |
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JFH - I would not want to make market predictions based on insider activity. The last seven months have been the lowest, for insider buying, in many years. Clearly, the insiders have been wrong about the market. Are they wrong about the value of their own companies? I'd say it's more likely that the market is wrong about that.
I'd rather take it one company at a time. I think insider selling usually says very little, except as a contradiction to buying. Insider buying, on the other hand, can be quite a good predictor of future price movements. |
Jfh
Registered Member
Username: Jfh
Post Number: 29
Registered: 10-2003
| | Posted on Tuesday, November 11, 2003 - 11:48 am: |
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Do not trust insider activity:
http://biz.yahoo.com/ibd/031111/corner_1.html |
Easyquanter
Registered Member
Username: Easyquanter
Post Number: 32
Registered: 10-2003
| | Posted on Sunday, November 09, 2003 - 04:07 pm: |
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Super,
In the seven+ years I've closely tracked aggregate insider transactions, selling a very large part of the time has been from 6X to 16X buying. I consider that the normal range. Only large moves outide that range have had predictive value for the market. Less than 4X has consistently been a reliable buy signal. Greater than 20X has been a reliable sell signal.
Well, that's only a seven year record. Maybe the current extreme bearishness among insiders will turn out to be a false sell signal. Time will tell. |
Public_heel
Moderator
Username: Public_heel
Post Number: 117
Registered: 10-2003
| | Posted on Sunday, November 09, 2003 - 03:12 pm: |
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Super - Sure, buying is always much less than selling. 28-1 is quite a high ratio, though. Also, the absolute level of insider buying is very low. |
Super
Moderator
Username: Super
Post Number: 115
Registered: 10-2003
| | Posted on Sunday, November 09, 2003 - 12:52 pm: |
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Er, my understanding was that insider buying is ALWAYS expected to be far less than insider selling because insiders are perpetually getting free stock (or stock options which amount to free stock) as part of their compensation and have to sell it to preserve any sort of sensible diversification. Is this incorrect? |
Public_heel
Moderator
Username: Public_heel
Post Number: 116
Registered: 10-2003
| | Posted on Saturday, November 08, 2003 - 01:20 pm: |
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October stats -
Apparent big gain in insider buying in October (that'll be the official spin, anyway), but about 65% of it was one guy buying $111M of SBC stock. Without that, insider buying was the lowest in over two years, and 1/28 the amount of selling. |
