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Friday, April 04, 2003 8:04:22 PM
This is a dumb point. The research has consistently shown that insider selling is just too unreliable to be used as an indicator of future stock performance.
Compare and contrast, for example, the insider selling in IDCC before AND after the settlement. How do you explain that? Heck, go back even further. IDCC was the best performing wireless stock in 2001 and 2002 despite the fact that there was more insider selling than insider buying.
IDCC started 2001 with a stock price of $5.38 and ended 2001 with a stock price of $9.70. That's a gain of 80% despite the insider selling!
IDCC started 2002 with a stock price of $9.92 and ended 2002 with a stock price of $14.56. That's a gain of 47% despite the insider selling!
IDCC started 2003 with a stock price $15.70 and......
Notice something? I just demolished your premise with cold hard facts, again! Don't reply unless you can do the same.
LOL.
Recent IDCC News
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/22/2024 12:17:49 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/20/2024 08:06:55 PM
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