Tue, Oct 21, 2014, 6:40 AM EDT - U.S. Markets open in 2 hrs 50 mins


% | $
Quotes you view appear here for quick access.

Entercom Communications Corp. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • pjv2xyw9dww4b6 pjv2xyw9dww4b6 Dec 7, 2008 3:26 AM Flag

    CONTINUOUS insider buying by the Fields here.


    Item 5(c) of http://www.sec.gov/Archives/edgar/data/1067837/000110465908074993/a08-29927_2sc13da.htm shows Mr. Joseph Field having a field day purchasing ETM on every trading day (as ltf notes) from 11/12/2008 through 12/04/2008.

    Longtimefollower, you have the "honor" of having taken trading profits ( http://messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_E/threadview?m=tm&bn=6388&tid=775&mid=800&tof=1&rt=2&frt=2&off=1 ) selling cheaper than the price at which Mr. Field was buying on the same day! I've been trading it a little, too, but is taking the money at $1.08 or $1.12 and running really wise? It looks good as long as the price bobs back down afterward, but if it really is undervalued at $1.08 or $1.12, isn't selling the wrong decision?

    A local analogy: Someone bets on red on a roulette wheel, wins, and decides that betting on red on a roulette wheel is a profitable activity. Hardly the case...

    While selling at ~$1.10 looks good in hindsight if the opportunity to buy back in cheaper arises afterward, if the opinion that $1.10/share grossly undervalues the company is indeed true, some day a trading sale at around $1.10 is going to be followed by a share price rise that isn't going to be retraced, leaving the true fruits of buying low unharvested.

    This topic is deleted.
9.05+0.31(+3.55%)Oct 20 4:02 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.
Apple Inc.
NasdaqGSMon, Oct 20, 2014 4:00 PM EDT
Trinity Industries Inc.
NYSEMon, Oct 20, 2014 4:00 PM EDT