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Mickey10305

10/12/06 4:36 PM

#94614 RE: success622 #94613

Great! He is a Director in NEOM?
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jonesieatl

10/12/06 4:39 PM

#94616 RE: success622 #94613

You're tough to beat success LOL

I just saw that myself.

That's great, and certainly what some have been asking for!

Even better if they 'all' buy a min. of 1MM shares.

jonesie
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early retirement

10/12/06 4:44 PM

#94618 RE: success622 #94613

That's a step in the right direction. Still a long way to go.

http://www.insidercow.com/history/company.jsp?company=neom

Today's 100k "P" sits alone on top of a very very long list of "S".
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brewskih

10/12/06 4:57 PM

#94621 RE: success622 #94613

well that debunks a few theories or supposed facts that have been floating around here doesnt it?

The first was insiders cant buy company stock if they know of material events happening, and since so many here were sure that material events were in the works, that would prohibit him from buying on the market. So is there really positive material events in the works, or is that theory that insiders with knowledge cant buy just a myth?

The second one was that they have to have a plan. Any one seen any mention of a plan?

I didnt want to spend hours or days on the SEC website to debate this issue when it came up, but I believe they can buy anytime. They just cant sell when they know something bad is about to happen, so a plan legitimises their sales.

Matter of fact most analysts look for insider buying, because it sends a signal something may be about to happen, or in the least management is confident in their company going forward

This is my 15 post so its my last for the day so dont bash me too much okay.LOL
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Banks

10/12/06 5:42 PM

#94637 RE: success622 #94613

He must have read my post yesterday.

http://www.investorshub.com/boards/read_msg.asp?message_id=13944141

Seemed to have started up a lot of people suggesting the same thing.

Glad he is jumping in. Now how about the rest!
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leighjam

10/12/06 6:23 PM

#94649 RE: success622 #94613

Insider Trades.

success..thxs for that but what is this insider really saying

I read this as someone trying to sound committed to the big wide world, but not really wanting to take any risk.
Blocks of 1 m shares yes that works but USD 7,800 on a director purchase is not going to convince anyone including JJK.
Fritz took out USD1.2 m in june and may of this year...hows about putting back 20% of that to show good faith. That would be 3.2 m shares. Anyone want to make that demand of him?
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dlethe01

10/12/06 6:49 PM

#94652 RE: success622 #94613

OT: Thanks success622.
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clawmann

10/12/06 6:56 PM

#94654 RE: success622 #94613

No reference to a 10b5-1 plan. Could be he's certain he's not privy to material non-public info; still pretty risky if positive news is released in the near future. Happy to see the symbolic (only $7500) gesture of faith.
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beam11

10/12/06 9:14 PM

#94668 RE: success622 #94613

Success - What is all this talk about a lock out and management and employees can not buy stock at this time. What is going on here?

I noted that stock was purchased today by an officer. So what is this lock out "Stuff going on"?

Stands to reason, if all on this board thought something was going on, and management is locked down, what locked management down has to be public knowledge by now.

Have I missed an "almighty lock down reason"? I thought everything was business as usual, except for last week, when "fat boy" shut us down for a few hours.