Replies to post #60473 on SunWorks Inc (SUNWQ)

[CashMoneyCarl]

Good Morning Peeps..

All that excitement and historically low pps yet no insider buying. New CEO nor the new directors wish to get rich along side their shareholders. No faith in their company nor the hard work of their employees nor their place in the industry as a whole What's up with that?

Do you really think that? Please tell me no.

There are a lot of reasons why an insider doesnt spend every dime he makes on his own company. Thats why I say the 'insider trading' numbers are the most worthless numbers available to a trader, and I am still surprised that so many people put so much weight in to them. They are useless numbers! All they tell you is that stocks were traded, not WHY - and that is more important to know than how many.

Many times an insider will sell his own stock simply because his own portfolio is becoming lopsided, or heavy with his own company's stock. Most traders will keep a more balanced portfolio, its a smart strategy. Not to mention there is nothing wrong with cashing in for a profit now and again. But it does NOT mean the insider does not have faith in his own company and we as investors have no way of knowing that.

I will agree that its -usually- a good sign when an insider buys, but the opposite is not true. It's not a bad sign if he doesn't. Don't put words in their mouths and try to make it look like it is unless you know something that we don't.

[drugmanrx]

Let me try to explain that, from what I got from the IR guy.

No faith in their company nor the hard work of their employees nor their place in the industry as a whole What's up with that?

Unfortunately, those that were acquired by Solar 3d looks at the their stock not as a investment for the future but cash now in their pocket.

Hence the selling no matter what the stock price is or what momentum is occurring in the market.

The company is aware of the negative effect this practice has on the stock price, and are taking steps to address it.

The acquire employees look at the stock they receive like getting a bonus paid to them in cash. Instead of saving or investing the cash for their futures (saving plans, 401k etc), they spend it. The same way most do, who get cash bonuses from work. We look at it as free money not money that we should be saving for the future.

At least with this group, IMHO it has nothing to do with faith or no faith in the company's future, to them the stock is just a cash bonus to be used for whatever now.