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Albany Molecular Research Inc. Message Board

  • docgoingstrong docgoingstrong Nov 15, 2004 2:36 PM Flag

    Insiders bought at 12.74 in MAY/04

    Just a thought that they must've felt that in the long run this stock was going to exceed those prices.
    Even when stock went higher they held their shares and didn't sell.

    I think this stock is going to continue its upward climb and those holding on will be rewarded.
    This is a good entry price.

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    • Are you on something i would like to try? Purchases in the last 6 months 5,000; sales 66,000. If your theory holds true they are getting out and based on the financial picture we have seen I can't blame them. As I recall over the last few years insiders have ... sold...sold....sold.

      • 1 Reply to poorlake
      • Depends on how you look at it. Yes they sold at around the $16 dollar mark in Feb/04 since they felt that was a darn good price. It was.

        Then the next month, 5 directors bought back in at 12.85. They must've felt that was a good buy in price be it small amounts. Those were the most recent insider transactions.

        It doesn't matter to me - I no longer have a vested interest in this company - I made my 10% profit and moved on.


        19-May-04 TARTAGLIA, ANTHONY P.
        Director 1,556 Purchase at $12.85 per share. $19,994
        19-May-04 ANDERSON, PAUL S.
        Director 778 Purchase at $12.85 per share. $9,997
        19-May-04 O'CONNOR, KEVIN
        Director 778 Purchase at $12.85 per share. $9,997
        19-May-04 ROTH, ARTHUR J.
        Director 1,000 Purchase at $12.85 per share. $12,850
        19-May-04 HAYDU, FRANK
        Director 389 Purchase at $12.85 per share. $4,998

 
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