Been thinking about purchase of WY stock but I have some reservations until I see earnings on Friday
My big concern is so many insiders have sold a great deal of stock the last three months.
My other concern is their debt to equity.
1. I'm interested in WY due to the increase in the housing industry compared to the last several years.
2.The increase in employment numbers.
3. WY stock before the bust in housing was $40 to $50 a share with spikes higher.
I'd appreciate any imput on my concerns and if you feel like I do on their future growth.
I looked over all the financial numbers and my overall feeling is WY has started to move ahead.
A previous message regarding the past vs future is so so true.
The market never looks back, only to the future.
I'm still concerned with the recent selling of 500+K shares by insiders and some institutional holders.
My mind is made up. I'll purchase some shares Monday