Trading volume is great and growing well. Short interest is high and growing. Eranings will be very good with recent Correction leading to huge trading activity. P/E looking very attractive.
"Insider selling" news is a piece of garbage. He sells approx 30K shares like clockwork every month no matter what the price. I would sell as well if I had that many shares. The article does not mention the other 5 BUYS around the same time (last week or so)!
Both of you are totally missing the point with ITG. This thing is down and heading lower because it's margins are in rapid decline. It's revenue growth is borderline meaningless as long as its margins continue to deteriorate. This reminds me of a semiconductor company that continues to ship more chips but shows no increase in earnings.
you and i are victims. or you're paid to rally some bulls here??..
i tracked back since the end of Feb to early Mar, there have been HUGE insider sellings..
instead of adding my position here, i guess it's time to stop and re-evaluate. i agreed on vol. but it doesn't mean anything if they can make their "profit" from those revenue..
the only thing i can do is to hope the management team keeps the cost down and doesn't screw things up this time. i hate to be in this position where hoping is the only thing i can do, i.e. your fate is with some jokers.
i shouldn't have gone with NITE from the beginning... bad move.