What is obvious and pathetic is that VG is up 2% while GLW is down. Can somebody explain this to me. I'm I missing something here. Even XOM is up with oil prices falling. I think something fishy is going own. Could be a buyout and someone is manipulating the pps. I'm buying more here.
Wait a minute. I don't know of very many people that would be willing a cool million just to window-dress a stock.
Insiders could be selling just to get cash in their hand for holidays, college tuitions, vacations, or whatever. I'm not trying to justify. It's their money! Don't some of these folks have to sell after a certain period of time?
Cool your jets man.
Not true about the insider buying. Hennessey bought 47,000 shares at 21.20 on Oct 23, the day I got in at 21.00. He dropped almost a million bucks on this baby. He did the same thing 18 months ago and the stock took off by the next CC. Check it out the insider buys and the 2 year chart. I think he did the first buy in around May 05. Going from memory here. Ain't the greatest.
Heres another nugget of wisdom for you HOBO moron the total number of shares held by insiders is less than 10 Million. The total shares outstanding in GLW is over 2 BILLION
Take off your shoes and socks and do the math thats .005% of the outstanding stock held by insiders that does not tell me these guys are loading up to get rich at with any of their own money and dont want to hold what they have.
Furthermore look at the top line on the insider transactions link on yahoo you will see a total of 3,180,000 shares SOLD I repeat SOLD. NET SHARES SOLD 23%
Its right in front of your face and your too stupid to read it maybe you need a brale vaesion MORON
if you are referring to all those aquisitions non open market at $0 dollars those are the options grants they were given NOT PURCHASES you MORON
Furthermore every option exercise was followed by an immediate sale by the same person I repeat There are no insider buys on this stock NONE NADA ZIP
HOBOMSZ just plain stupid