Thursday, February 04, 2010 8:36:44 PM
How does it make you feel that the CEO dumped almost $800,000 wroth of stock on you bagholders last week up at 15.84? He already saved himself 5% on $800,000; $40,000.
Factor in his sales of almost a million dollars worth of stock back on December 31st and hes sitting pretty isn't he?
Wow, look at some of these other sales!!! While yes, they had "acquisitions", it appears those are nothing more than employ stock plans. You can see how anxious these guys are to dump the stock they just got on the retail chumps.
When insiders are dumping this amount of stock, never a good sign.
Within 1 year I predict this company filing for bankruptcy.
Good Riddance!
http://finance.yahoo.com/q/it?s=NITE
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