It would not be right to just show the wins. So here is a Insider buy that I did not buy right and I did not make money.
ELECTRONIC GAME CARD INC EGMI.OB
Steinberg Leonard 03/26/09 buys 1,000,000 shares@ $0.52 = $523,600.00
Steinberg Leonard 03/27/09 buys 1,000,000 share@ $0.55 = $552,500.00
Our scans pick up both trades but I did not pull the trigger
Again a Steinberg buys another 1,000,000 share@ $1.10 = $1,100,000.00 07/17/2009
I waffle for a few days and finally get in on 08/07/2009 at $1.75, more on 08/31/2009 at $1.52
On 09/16/2009 it hits $2.20 and I do not sell any shares. I was greedy and thought it was going to $5.00.
Soon after Leonard Steinberg dies of a heart attack and the stock has goon down ever since. Now at $1
InsiderBuys
