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Actuate Corporation Message Board

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  • veqasfletch2001 veqasfletch2001 Jul 28, 2009 10:14 AM Flag

    Nice Run Up

    The stock is up because of share buyback. On the other hand, they are making it ready for insiders to sell.

    This is just a game for insiders to play. If you can ride the wave, good for you. This is not a compay to buy and hold but trade.

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    • I disagree. I think the stock is up because the earnings/profits are solid. They beat expectations on the earnings side, matched revenue expectations. Guided modestly higher, and mentioned that they're landing their first multi-million $ contrac through the BIRT org. The share buyback is gravy. That said, I hope they do sell off, as I'd like to buy back in at 4.50 or so.

      Jobe

 

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