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Re: upontheroof89 post# 60473

Thursday, 04/13/2017 8:28:16 AM

Thursday, April 13, 2017 8:28:16 AM

Post# of 63559
Good Morning Peeps..

All that excitement and historically low pps yet no insider buying. New CEO nor the new directors wish to get rich along side their shareholders. No faith in their company nor the hard work of their employees nor their place in the industry as a whole What's up with that?



Do you really think that? Please tell me no.

There are a lot of reasons why an insider doesnt spend every dime he makes on his own company. Thats why I say the 'insider trading' numbers are the most worthless numbers available to a trader, and I am still surprised that so many people put so much weight in to them. They are useless numbers! All they tell you is that stocks were traded, not WHY - and that is more important to know than how many.

Many times an insider will sell his own stock simply because his own portfolio is becoming lopsided, or heavy with his own company's stock. Most traders will keep a more balanced portfolio, its a smart strategy. Not to mention there is nothing wrong with cashing in for a profit now and again. But it does NOT mean the insider does not have faith in his own company and we as investors have no way of knowing that.

I will agree that its -usually- a good sign when an insider buys, but the opposite is not true. It's not a bad sign if he doesn't. Don't put words in their mouths and try to make it look like it is unless you know something that we don't.


“We are like farmers chopping down the fence for fuel when we should be using Nature's inexhaustible sources of energy. I'd put my money on the sun. I hope we don't have to wait until oil and coal run out before we tackle that”. — Thomas Edison