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| Posts | 407 |
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| Alias Born | 01/03/2003 |
Friday, December 31, 2004 8:29:43 PM
EVERYONE STOP THE INSIDER TRADING DISCUSSION ALREADY. This horse is dead, let's stop beating it.
If you are a trader then great, you knew the price would drop after the sale announcements. You should have sold, ready to buy back later at a lower price.
If you are a buy and hold investor then be happy with the price run up over the last 3 months and forget about the daily blips.
Guess what? The next time an insider sells....... it will also be a non-event.
This stock has gone from 15.70 on 1/1/03 to almost 28 in June 2003 then dropped under 15 in August 2003 and closed out the year at 20.60.
The closing price hit 27.26 on March 5, 2004 then dropped into the 17's within four days. Now it has fought back to a respectable 22.10. Most people believe it will rise significantly higher in 2005.
I bet IDCC closes well above 28 many times during 2005. And guess what? Insiders will be buying, selling and exercising options available to them along the way.
Get over it!
Thanks, I feel much better now. Happy New Year to all.
http://finance.yahoo.com/q/hp?s=IDCC&a=00&b=1&c=2003&d=00&e=1&f=2005&g=d...
If you are a trader then great, you knew the price would drop after the sale announcements. You should have sold, ready to buy back later at a lower price.
If you are a buy and hold investor then be happy with the price run up over the last 3 months and forget about the daily blips.
Guess what? The next time an insider sells....... it will also be a non-event.
This stock has gone from 15.70 on 1/1/03 to almost 28 in June 2003 then dropped under 15 in August 2003 and closed out the year at 20.60.
The closing price hit 27.26 on March 5, 2004 then dropped into the 17's within four days. Now it has fought back to a respectable 22.10. Most people believe it will rise significantly higher in 2005.
I bet IDCC closes well above 28 many times during 2005. And guess what? Insiders will be buying, selling and exercising options available to them along the way.
Get over it!
Thanks, I feel much better now. Happy New Year to all.
http://finance.yahoo.com/q/hp?s=IDCC&a=00&b=1&c=2003&d=00&e=1&f=2005&g=d...
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