Well these are unlike something I would usually pick but they seem interesting. In the last 7 days these 3 stock have had abnormal insider buying and aqcuisitions. Mostly bunched on the same days. If you like them buy them because they are currently slightly lower that what they were bought at. The volume is getting real quiet on these first 2.
FLOW = Getting real quiet I think it getting ready for something big. Just a big hunch.
SDIX = Also getting quiet.Hanging out around its 4 dollar base and could be good for a nice swing to 5. I think this is a safe play hence the abnormal insider buyers got in at just above these current levels. I may pass its ceiling at 5.5.
ZTEL = Getting way oversold watch for a bounce. I am thinking probably tomarrow! Also some insider acuisitions for over 200,000 shares. Very good resistance level at $2. It is at 2.17.
I think tomarrow will tell how srong this correction is. Watch the nasdaq100 and hope it stays around 1400. There was a major obv divergence a while back and I think it is catching up now. I hope it is about over. We need to be savy investors on these days. Pay strong attention to jobs. That is one thing that will make us climb again. Current unemployment needs to drop .5% to reach our national target. Remember what Greenspan said and dont get discouraged.
-Greg
Any thoughts?
Posted by Art on :
Great post.
Love insider-buying stocks, particularly when they look oversold.
Thanks!
Posted by grjohnso on :
FLOW and ZTEL doing good.
SDIX lagging a little
-Greg
Posted by Art on :
quote:Originally posted by grjohnso: FLOW and ZTEL doing good.
SDIX lagging a little
-Greg
Time wounds all heals.
Posted by grjohnso on :
FLOW is reporting their Earnings Announcements on tuesday. I bet anything that this is the cause for all the insider buying. Hmmmmm
Any Takers??
-greg
Posted by coolnwo on :
for ztel look for a release of VoIP services. as the reason for the buying
Posted by BigBubble on :
Where did you find out about those recent insider buys for FLOW ? Thanks
Posted by grjohnso on :
It was on a program I have that searches insider buys.