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S&P 500
5,487.03
(
0.25%
)
US TECH 100
19,430.40
(
0.14%
)
Dow Jones
38,834.86
(
0.15%
)
Brent Oil
84.60
(
-0.22%
)
Bitcoin
65,011.39
(
-0.20%
)
Post# of 647598
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alfaspider

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alfaspider

Re: matt24d post# 130837

Wednesday, 05/18/2011 5:25:57 PM

Wednesday, May 18, 2011 5:25:57 PM

Post# of 647598
Mattd-- PAL took a real dive- but insiders are buying a few days before the bottom.. May be Hedge funds shorting it on news of Japan's earthquake and effects on car production?

Could also be tied to presumed slowdown in economy from high oil prices- that have dropped? If car sales slow down, then catalytic converters are not in demand?

BUT--- Insider buying is always a good indicator...

have a good evening.........

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