quote:Originally posted by stocktrader2006: What is up with the 50% drop the past couple of days?
no clue...but I like it...when it drops like that and then insiders buy up a whole hell of a lot! Check out the Form 4's filed....insiders are not acquiring...but purchasing a lot of shares!
-------------------- Disclaimer: Not accountable for anything I say Posts: 6266 | Registered: Jun 2004
| IP: Logged |
posted
I am definitely radaring this... huge insider transactions recently, profitable.. forget the T/A on this, there has to be big news events coming. They also attended the Roth presentation.
Good find ST22.... like Cramer, I am now pumping your find.
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM! Posts: 6379 | From: PA | Registered: Dec 2004
| IP: Logged |
posted
These are the best kind of plays. Same thing happened with NTRZ. Insiders bought a bunch at $1.20, then major news, and bam, easy 100% gain in a few months.
Company is already profitable... and coming off the lows. There has to be something big coming in terms of news in the next few weeks.
Its funny.. the SEC regulates when insiders can SELL, but not when they can buy. THAT'S YOUR SIGNAL.
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM! Posts: 6379 | From: PA | Registered: Dec 2004
| IP: Logged |
quote:Originally posted by Repoman75: These are the best kind of plays. Same thing happened with NTRZ. Insiders bought a bunch at $1.20, then major news, and bam, easy 100% gain in a few months.
Company is already profitable... and coming off the lows. There has to be something big coming in terms of news in the next few weeks.
Its funny.. the SEC regulates when insiders can SELL, but not when they can buy. THAT'S YOUR SIGNAL.
Yup, this seems like an easy 100% in my book.
Look at the volume the past few days...
-------------------- Disclaimer: Not accountable for anything I say Posts: 6266 | Registered: Jun 2004
| IP: Logged |
quote:Originally posted by Repoman75: These are the best kind of plays. Same thing happened with NTRZ. Insiders bought a bunch at $1.20, then major news, and bam, easy 100% gain in a few months.
Company is already profitable... and coming off the lows. There has to be something big coming in terms of news in the next few weeks.
Its funny.. the SEC regulates when insiders can SELL, but not when they can buy. THAT'S YOUR SIGNAL.
Yup, this seems like an easy 100% in my book.
Look at the volume the past few days...
I don't know about 100%, but this is the play where the old adage "You need money to make money" comes in.
This has significant daily volume where you can throw $50K into it and not shake the PPS... plus, if you get even 50% return, $25K is nice.
I think I may just do that on a pullback.
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM! Posts: 6379 | From: PA | Registered: Dec 2004
| IP: Logged |
And I wasn't knocking this stock btw... But being who I am and looking at the chart it (not knowing anything else) yells DEAD CAT BOUNCE in my head, that's why I didn't yell "Buy the crap out of it." fyi
Makes sense on my side to now? -I hope!
Maybe when PBLS is done running, bagged the VERY bottom of that puppy!
quote:Originally posted by Chart walker: ah, now I see...
You guys are a little longer holders then me..
And I wasn't knocking this stock btw... But being who I am and looking at the chart it (not knowing anything else) yells DEAD CAT BOUNCE in my head, that's why I didn't yell "Buy the crap out of it." fyi
Makes sense on my side to now? -I hope!
Maybe when PBLS is done running, bagged the VERY bottom of that puppy!
Like I said, Radar on boys! Nice find Stock!!!
Be joining you soon
Yes, that is usually how I make my money, longer term holds - 2-3 months (unless I discover the HOly Grail like FRPT). And for that time period, fundamentals like the ones mentioned above are everything.
But T/A still helps in timing your entry.
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM! Posts: 6379 | From: PA | Registered: Dec 2004
| IP: Logged |
This says "Short-swing profits (profits realized in any period less than six months) by corporate insiders in their own corporation's stock are prohibited "
So I think I am correct about the 6 month thing, but again, someone let me know if I'm oversimplifying it.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
| IP: Logged |
This says "Short-swing profits (profits realized in any period less than six months) by corporate insiders in their own corporation's stock are prohibited "
So I think I am correct about the 6 month thing, but again, someone let me know if I'm oversimplifying it.
I guess you're right.. good find.
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM! Posts: 6379 | From: PA | Registered: Dec 2004
| IP: Logged |
posted
I remember reading that 6 month thing a few months ago, can't even remember what I was looking for at the time, but the fact that I just found it on a site that I am pretty sure isn't the one I originally saw it on, I feel pretty confident about it.
One question I have though, and this will probably show my inexperience, is that before the big buys over the last few days the CEO only held 132,500 shares, and he got 100,000 on Oct 5. So before Oct 5th he had 32,500 shares. Isn't that REALLY low for a CEO? Especially as a % of 10million O/S?
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
| IP: Logged |
quote:Originally posted by PCola77: I remember reading that 6 month thing a few months ago, can't even remember what I was looking for at the time, but the fact that I just found it on a site that I am pretty sure isn't the one I originally saw it on, I feel pretty confident about it.
One question I have though, and this will probably show my inexperience, is that before the big buys over the last few days the CEO only held 132,500 shares, and he got 100,000 on Oct 5. So before Oct 5th he had 32,500 shares. Isn't that REALLY low for a CEO? Especially as a % of 10million O/S?
Yes and no. Depends.. did he sell a lot before that? Is he new?
The bottom line is, he knows SOMETHING is up.
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM! Posts: 6379 | From: PA | Registered: Dec 2004
| IP: Logged |
posted
He had more but dumped some earlier in the year, then they did a 1:10 reverse split as far as I can tell.
I guess I always just thought that officers held a good portion of the stock. No big deal.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
| IP: Logged |
posted
Another question, microcaptrade shows no volume from Nov 12 - yesterday. If the CEO bought on the 4th, is it safe to assume that it's a problem with Microcaptrade?
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
| IP: Logged |
quote:Originally posted by PCola77: Another question, microcaptrade shows no volume from Nov 12 - yesterday. If the CEO bought on the 4th, is it safe to assume that it's a problem with Microcaptrade?
No volume? Its traded 800K shares today!
Though, the symbol doesn't come up on the SEC website either soo...
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM! Posts: 6379 | From: PA | Registered: Dec 2004
| IP: Logged |
posted
No, today's volume is fine, sa was yesterday's, it was the few weeks before that that seems to be missing
quote:Originally posted by Repoman75:
quote:Originally posted by PCola77: Another question, microcaptrade shows no volume from Nov 12 - yesterday. If the CEO bought on the 4th, is it safe to assume that it's a problem with Microcaptrade?
No volume? Its traded 800K shares today!
Though, the symbol doesn't come up on the SEC website either soo...
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006
| IP: Logged |
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
![[Big Grin]](biggrin.gif)
![[Smile]](smile.gif)
