Savvy Trades and Investments

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INTT coming right back ha. If this tiny market selloff turned into something more serious next week and INTT tanked to $8, I'd cover some. But up here, I'm holding my short into earnings.

Interesting Form 4 filing yesterday. CEO sold 2,000 shares at $10 on 10/9:

https://www.sec.gov/Archives/edgar/data/1036262/000105199417000001/xslF345X03/primary_doc.xml

It was after the quarter ended and he knows how the quarter went, so that's a little suspicious in itself. But what really gets me is 10/9 is the day of the big newsletter pump. INTT paid some newsletters to pump the stock that weekend. Because the stock zoomed up in AH on Friday 10/6. There was like 25K shares traded (late on a Friday?) with a 10K bid around $9. Despite the stock closing at $8.50 that day. Then early the following Monday, INTT puts out the PR announcing the old analyst coverage (that they also paid for). Sure the newsletters sent out another email blast with that 'news'. INTT soared over 20% at one point that Monday. Now we hear the CEO was selling that same day. Guess now we know why the indemnification agreement the previous week haha

https://www.sec.gov/Archives/edgar/data/1036262/000103626217000050/f8k-100217.htm