NGAS Resources (NGAS)

[makesumgravy]

Nor has a month gone by this year that he has not been selling stock.

So what is he saying in these comments?. Is he in fact stating that this should have a positive impact on the stock, and its performance?.

The thing that hurts stock and its performance is when insiders show a consistency in selling. Over the last 2 years not one has made a stock purchase, this is left for the shareholder, who in turn pays for their stock selling.

It would be more relevant if the insiders would have their salaries based on their performance and on the companies net income, and generate their salaries like everyone else has to do, Earn it, and let the company cut the check. If they are getting paid this way, and not from shareholders, it would have an impact on the companies bottom line, but not to the degree it has on the stock price. If their salaries were modest, and within some normal limits of even $100k to $150K a year this would be a nice income, depending on the companies performance, $200k to $300k would be superb, but what we continue to see are these millon and multi million dollar stock sales the people at the top believe they are worth and their right, they stockholders pay for in more ways than one, and this is all a part of causes for the stock prices decline. When this is seen by other investors they to begin to sell the stock off.








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