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FelCor Lodging Trust Incorporated Message Board

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  • youcanpickum youcanpickum May 2, 2005 1:15 PM Flag

    Lots of insider buying last week.

    You need to find a new hobby. That is insiders being given shares, not new purchases. I would be happy for a stock grant of 10,000 shares, too. The stock is still a buy, but not for that reason. Discount to book value, recovering hotel market, higher revpar, etc. or real insider purchases.

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    • Right on! With earnings out after market close today, no way insiders could have been buying last week.

      • 1 Reply to luciush
      • Good Morning....

        Interesting future "SELLING" activity by our insiders:

        INSIDER & RULE 144 TRANSACTIONS REPORTED

        Date /Insider /Shares Transaction /Value

        5-Nov-05 MCCUTCHEN, JUNE H.
        Senior Vice President 2,999 Planned Sale $42,2411

        If we do the math, it appears that this insider is looking for a market price of 14.08 in "NOVEMBER" of this year....

        Of course another interpretation might be that she is selling one of her options that she bought at that price [when things were going good at FCH]....

        Interesting to say the least....

        Live Long and Prosper....
        Eddy

 
FCH
6.07-0.400(-6.18%)Jun 24 4:03 PMEDT