I was just watching CNBC and they picked PBY today because of their big jump. Time was about 4:44 P.M. ET........they interviewed O'Dell for 3-4 minutes. I have been very critical of O'Dell, especially his interview a few days ago.....but today he was awesome. He was comfortable, warm and personable. He even blinked his eyes and didn't twiddle his thumb. He must have read my post<GGG>. There will probably be a video replay soon on CNBC. One of the guys interviewing made the comment that if PBY could increase their margin just 1% they would make a ton of money.....I suspect this will bump PBY again in the morning. I guess the guys that do charts and technical analysis weren't informed of the upcoming interview.........or the insider purchases......DaninFW
You keep talking about all the buying the insiders are doing. I do not know where you are getting your info; but my info show very little buying and a whole lot of stock options given to management that the shareholders are paying for. I am sure Odell wants the stock to go up so they can dump theirs.
It is so easy for insiders to manipulate the company. Like, lets sell some buildings and maybe people will think we are making money. Or, lets see if I can make the stock go up; if I go on national TV.
There have been 4 insider purchases recently. Different reports are surfacing constantly referring to those same purchases as well as O'Dell being on CNBC twice in less than a week. You can't buy that kind of advertising. Miss the boat if you wish. I'm on board. For the record, I made right at a half million last year on PBY alone. Still hold right at $200K face in bonds bought at $410 each now at about $980.......PBY is like my own personal money printing press. DaninFW