Among other things, I follow insider buying/selling.---As a courtesy to the board and for what it is worth: Lately (and even yesterday) there were relatively few "insider buyers" and a very long list of "Insider sellers".---Do with this what you will. This trend has persisted for a few weeks.
I have no interest in attacking anyone, but "friendly" needn't have attacked board members in general who simply did not understand his ambiguous post (which was actually less ambiguous than simply misleading, unintentional though that may have been). A simple, "Oh, I see how I could have been misunderstood! My fault. What I meant was..." rather than shifting the blame onto others for not understanding.
AG--I am speaking of the market "as a whole". I subscribe to the daily report from the SEC which shows insider tranactions as required by law. I guess I was wrong in extending "courtesy" to this group--Let them pay, as I do, for information.
I respect your posts because you obviously know what you are doing. Hereafter I will NOT offer any info except to reply or add to your posts. Except for Magdala this group is unappreciative of sincere efforts to be helpful. Let them proceed blindly.
<As a courtesy to the board and for what it is worth: Lately (and even yesterday) there were relatively few "insider buyers" and a very long list of "Insider sellers".---Do with this what you will. This trend has persisted for a few weeks.>
Say what??? What you are saying is deceptive at best. There is no long list of "Insider Sellers" the past few weeks, specifically since 3/30 approx 2 weeks ago, because we are in a "quiet" period meaning company insiders cannot buy or sell until earnings are announced. Here is a link to insider transactions the past few years:
The only insider transactions this entire year are a 11,000 share buy at $7.13 by Director Kessler on 3/15 and a 15,000 sale by SVP Bloom around the same time. It looks like Bloom has been occasionally selling his free shares over the years. The only other major insider transaction other than the 2 earlier this year are the 100,000 share buys by JZ and his dad a year ago.
In short, there has been no insider selling trend in years other than 1 guy selling his free shares, offset by another insider buyer a month ago who bought over $7. Sorry, there is no there there.
Interesting. I always like to see my stock BODs buying into the company even if it is on a small level. Selling now is a great sign. Let's see if it is a trend or tax time selling. I know I just sold two positions to pay Uncle Sam for all the RSO, AGNC, and CIM divys I got in 2010. I don't dare sell these now, but I will take another look as the next ex-divy date approaches. I am counting on all of these REITS to come back.....and then there's Murphy.