Today's Wall Street Journal shows 57,300 but Yahoo shows only 11,700 for LOEWENBAUM G WALTER. The 57,300 share purchase is paired with a capital commitment of $317,000 which should give some reassurance. It is interesting to see the trading price decline over the second half of July. So much for insider buying being a good indication for short term traders. However, I think this is certainly a good sign of one director's expectations.
I have not followed 3D for quite a long time. If Walter is an English major there for his moral influence I might be less sanguine than if he is an engineer with considerable marketing and financial expertise.
Loewenbaum's purchases didn't do anything to increase his total holdings, which were some 340,000 in March and, after all his purchases, were exactly the same in June! Maybe these "purchases" were simple transfers from direct to indirect holdings.
Hey Jim; That website ( www.wallstreet.addr.com )you told me about was really the best financial website ever! specially the STOCK PICKS FROM ALL OVER THE NET section was very useful for me. But for portfolio tracking and messgae boards I prefer Yahoo Finance. Thanks again! Mike
Something is askew. His initial filings are for 340,216 for both direct and indirect holdings on March 29, 1999. He bought 57,300 and is reported as having the same number of directly owned shares (340,216) as held before the buying.
It is obvious there is an error in the reporting. I held back responding to your post expecting a clarification, but there is none. Given human nature, I would expect the most likely spot for error is in the Shares Remaining in the stats at the top of the page, but that is not a strong opinion. I would expect the most reliable report is that he bought shares rather than reclassified them.