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Ameristar Casinos, Inc. Message Board

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  • dialogman dialogman Aug 21, 2002 2:08 PM Flag

    Just keep on dreaming

    Possible reasons they are selling the stock:

    - I would sell a hefty amount of my stock if it when up 5 times in 2 1/2 years.

    - They are rich on paper. Why not buy a new house or car.

    - Insiders were selling off more shares of ASCA in July 2001. The stock rose continuously for 6 months and eventually doubled by February 2002! I hope they have the same intuition this time.

    - Maybe they know something that we don't know. I doubt it. I assume they have the same speculation we have about raised taxes.

    - Craig Neilen owns more than 15 million shares and hasn't sold since December 2001.

    You may have something here, but I doubt it.

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