posted
I'd like to lie and say yes, but sometimes at the open, orders are filled in a way that is sketchy at best, as MMs don't all seem to have orders ready right away, so no, I did not. Hopefully it will still get there in the next couple of days.
posted
Yeah, I actually got in on that stock before I found this message board I got in at 82.82 a couple days ago. Your form 4 method is very similiar to something I've been doing for a month, I'm not sure what other indicators you're looking at, but I usually target stocks that drop significantly then have insiders buying large amounts of common stock. I also look at the avg daily volume to make sure the stock is fluid and I'm not going to have to wait weeks for it to make the 5-6% increase. I'm also into BMTI right now, waiting for it to make the big gain everyone is expecting, espcially since the Insiders still have faith in it.
I still have some faith in CKH, but I dont't know, going to see how it does today but I might get out once it breaks $86 again.
posted
Cool. Good luck to you as well. For your recent strategy, do you have a method to systematically pull data, or just look randomly and if you see one, buy it?
posted
Well I'm not looking into the Form4s until after i see a stock thats made a big drop...i'm finding the big drops simply by using stock screeners on websites like marketwatch. I do have Java programming experience, so I'm thinking of putting my own program together to download the raw data off the SEC FTP and search it for large common stock purchases by Company Insiders. I just got to find the time to do it. I'm probably thinking along the same lines as you, but you've got a 6 month jump start on me. Its good to see this actually works long term, this thread has been most useful.
posted
Cool. Good luck to you. It took me months to come up with a system that works for me, so don't get too down if you don't find somethign right away, and make sure you test as much as possible over as long a timeframe as you can, so you don't bias it by looking at times when stocks have been doing well in general.
Man CKH has low volume and its dropping right off the bat today....hmm, get out now even with a small profit
Posts: 15 | From: NYC | Registered: Apr 2008
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posted
Heh, well I trust your judgement, I guess I'm just a little too quick to sell right now when things trend downward only a couple days after a big increase
Posts: 15 | From: NYC | Registered: Apr 2008
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posted
It's your call, of course. Luckily for me, a couple fo my friends got in at 82.45 and so they got out at he open yesterday. Sadly it's more important to me that people I'm trying to help do better than I do. I'm such a sucker...
posted
The next pick will be tomorrow AM at the earliest. I run the program each morning when I get in to work. If there's none for that day, then I'll check again the next day
posted
I got out of CKH today, made a small profit not 5%, but its something. I think the stock is going to keep going up, but its just going too slow for me and I wanted to free up some cash for other investment opportunities tomorrow.
Posts: 15 | From: NYC | Registered: Apr 2008
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posted
PC, when do you think MTG will peak? within few days when all the director's buy kicks in?
Posts: 19 | From: los angeles | Registered: Apr 2008
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posted
I'm not sure what you mean by "when all the director's buy kicks in", but my method is basically to hold for a week, and if it doesn't move, sell to be ready for the next one.
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