I truly appreciate you wanting to help me, I really do George! But having been around the block, I know more or less how this crazy game works. Now (believe it or not) I do know that the founders and insiders are selling. So let me give you a little insight about insiders "selling" (or buying).
Insiders are buying and selling stock all the time. It's really true. If you don't believe me, you can google it. Do they always sell when a stock went really high? No! Truth of the matter is, insiders canNOT buy and sell whenever they want to. There are certain times the canNOT. Here are some very basic Q & A's.
(Q) Is there a time limit before insiders can sell shares after they purchase them?
(A) That would probably depend on how they purchased them. If an insider purchases shares of stock for the company they work for in their brokerage account just as you or I could, then I would think that they could sell them just as you or I could. Meaning, they would be able to sell them whenever they wanted to (IN MOST CASES). I mentioned "in most cases" because there are laws that prevent insiders from buying and selling shares of company stock for specific reasons (Just look up Martha Stewart Insider Trading for more info). However, under normal circumstances, if I worked for GE I would be able to buy GE stock one day and sell it the next if I wanted to.
(Q) If the shares were purchased through some type of employee compensation or stock purchase discount plan, there may be limitations that specify a holding period before the shares can be sold.
(A) These limitations would be described in the plan documents themselves.
(Q) Award of Options Contract for Shares: similar to above, any limitations would be specified in the original documents of the award and the terms of the Options Contract.
(A) Someone could be awarded 10,000 shares of stock on January 1st but not be allowed to exercise them until December 31st of the same year. Even if the stock price soared during mid year, they would still have to wait if the original award documents specified so.
(Q & A) If someone is awarded a specific Options Contract for a specific time in the future, when and how they could exercise them would be specified in the original award and could vary between instances. Each situation would have to be looked at individually to find out the specifics.
Now because Mr. Bush has exercised an Options contract(s), as mentioned above, doesn not mean squat! I certainly hope you don't enter positions based on insider transactions, God help you if you do.
Now in regards to you, Mr. Chad_work2001. Your support for a Strong Sell does not make ANY sense at all, none whatsoever!!
- Insiders selling like rats escaping a sinking ship,
OF COURSE, PLEASE SEE THE ABOVE REPLY TO MR. GeorgeSpelvin!
- P/E should be 10, but it's 125!
THIS IS #$%$, AND IF YOU KNOW ANYTHING ABOUT STOCK THAN YOU WOULD KNOW THAT! WHAT'S IMPORTANT TO KNOW IS THAT THE FORWARD P/E IS 47.65. STOCKS WITH A HIGHER P/E MOVE JUST AS WELL. FORWARD P/E IS WHAT MATTERS!
- Return on Equity dirt-poor,
SO WHAT? EVEN THE BEST COMPANIES OUT THERE DON"T HAVE EVERYTHING PERFECT!
- Sell signals on October 8th,
OF COURSE, THAT IS WHY IT DROPPED SO MUCH!
- Price gap between Oct 18th and 19th indicating an avalanche downward,
- Price peaked on August 6th 2012 and has been in a down-trend since.
WHO GIVES A #$%$ IF IT PEAKED ON AUGUST 6TH. STOCKS PEAK ALL THE TIME, SOMETIMES UP, SOMETIMES DOWN!
- Downtrends indicate one should be short not long. The trend is your friend: When the market goes up, one should trade long, when the market goes down one should be short,
HERE IS THE MOST VALUABLE LESSON YOU CAN LEARN, BUY WHENEVER EVERYBODY IS SELLING AND SELL WHEN EVERYONE ELSE IS BUYING. OF COURSE THERE IS MORE TO THIS WHICH I WON'T BE GETTING INTO RIGHT NOW!
- These people posting Bull statements have no facts to backup their stupid opinions. They are trying to bait ignorant people.
- non-Generally-Accepted Accounting Principles (GAAP) methods are typically used to "make the numbers look better". Let me translate that for you: to lie to you, to stretch the truth, etc.,
YOU ARE RIGHT ON THAT ONE. MANY WILL TRY TO COOK THE BOOKS!
Should any of you listen to anything I posted here? I dunno, but what I do know is that on 1998 I took part in a Yahoo Stock Picking Challenge 3rd place champ! BTW, there were 200,000 contestants. Was also a top 25 Finisher at a 2006 CNBC portfolio challenge which had 250,000 contestants. All up to you bubba. I know talk is cheap! God bless you all, hope you make loads of fungolas!