CEO Matt Desch purchased 10,000 shares at $8.55 in the open market and now owns 226,493 shares worth nearly $2 million.
EVP of Satellite Development Scott Smith purchased 5,000 shares at $8.51-$8.52. This was his first open market purchase.
>> what a waste of bandwidth you two are. Take it to that other stock's message board. <<
Sorry if we interfered with this board's 4 messages a week related to Iridium ;-)
that's the point....Whitney and yourself havn't done good DD as Soros, Morgan Stanley. Wells fargo, etc, etc, etc, have...has whitney been to those well sites? Notta....with your trumpeting on stuff of little understanding, It's easy for me to see you living under a bridge some day..the market is a voting machine short term..Some need instant gratification..I don't and will vote my shares with those BIG BOY longs that make Sir Whitney a flea by proportion...
My last message to you on the subject.....
Were you aware that Soros began selling some of his IOC stake in the first quarter? He sold nearly 10% of his shares. Given the recent price action, I'll bet almost anything that when he files his 13F for the 2nd quarter, we see more sales.
Also, you mentioned you own some BPZ....another awesome pick with stock down from $7 to $4. Did you know Soros's 13F indicates he sold 45% of his shares last quarter? My guess is he sold the rest recently.
Nice job actually losing money in the energy sector...not easy to do these days.
Guess George forgot to call you to let you know he's starting to sell.....
my facts are in line with Soros, Wells Fargo, Phil, Wayne, Morgan Stanley and other longs that actually do DD and visit before placing their money where their mouth is...saw Whitneys fund at far lower avlues last I saw...What was it..Something on the order of 125 million or so, but keep with your position as ill informed as it may be..tyhe market is a voting machine short term with those seeking instant gratification sometimes disappointed, but I'll wait for the weighing machine to come....why do I picture you under a bridge some day? You a funny guy or is it a gal you be?? sound like a Boston to me...
>> no doubt you are on the Whitney payroll to perpetuate whatever his position long or short in various stocks <<
I'll take that as a compliment that you think he should/could be paying me....but no, have never met him or even talked to him.
Why is it I picture you in a dark apartment somwhere with aluminum foil on your head to keep the government from reading your brain waves? LOL
Keep up the funny posts and keep ignoring facts....
you go Boston..said i agree with him on iridium, but disagreed on IOC...have not even owned irdm for a year , so no doubt you are on the Whitney payroll to perpetuate whatever his position long or short in various stocks...but have at it..I'll vote with Soros, Wells Fargo, Phil, Wayne, and the rest of the longs who have actually visited the various well sites and company..Whitney ever do that himself??? NOT!!!!!!!! buy a share and visit me in Grand Rapids soon will ya??? annual coming up there...his Next Netflix is IOC..watch and learn...oh forgot, you have zippo interests beyond your Whitney payroll check clearing...Yabbadabbadooooooo...
>> You just keep shorting there ddtar..I have patience well beyond the fearmongering you and other short hacks perpetuate and try to work upon <<
I am not now, nor have I ever been short IOC and I do not own any puts on IOC. I have never had ANY position in the stock.
I simply get tired of your persistant diatribe about Whitney Tilson and his purported lack of any investment acumen. He has outperformed the S&P 500 by 200% since his funds inception but you have elected to ignore that in favor of selecting one or two investments out of dozens that didn't work out and say "see, he is an idiot and not nearly as smart as me".....you have been doing so for a good year or so and I just like to challenge all your "facts" and see you ignore them in favor of emotional responses and allegations of "fearmongering" and work by "short hacks"....it's a riot to be honest with you.
Have a great day!
they have....note my bpz position though up today has seen even a larger percentage drop than IOC the last month or so...You just keep shorting there ddtar..I have patience well beyond the fearmongering you and other short hacks perpetuate and try to work upon..I also do not really care what you think...and as I said earlier, Whitney is at a net "loss" with his IOC short even now..having started his short at far lower levels... a fact you like to ignore, so gag me!