I read a book by C. Kindleberger(sp) about buble
in history titled "Manias, Panics, and Crashes". One
of the sign of the burst is insider selling. All the
phenomenon we are witnessing now fits exactly with the model
This made me very excited to
make some money this year. I believe that it may take
longer than everybody expects. You must have enought to
stay in the market and not getting squeezed
I can not find any insider info on planned sales.
I also wonder if the insiders would do anything to
harm the value of their stock holdings since they
stand to loose more than anyone if it goes down much at
all. If they were to dump a lot of stock at once
wouldn't they run the risk of causing EBAY to go out of
favor for ever (like enough people get burned really
bad). I know if I had large positioned like they do,
that I would wait until $300+ to sell, and then only a
little at a time as I had a use for the cash.
Thank you for your excellent posts This is truly what
an investors message board for is intended for - a
forum for us to share INFORMED viewpoints and
information with other fellow stock holders so we may all
prosper. Too bad the bathroom graffiti artists have
Routers confirms your information and Merrill
Lynch broker confirmed. NO shares flood till friday the
29th. Other Shorts hoping for a monday fallout will
have to suffer through 4 day's of uncertainty for a
while. Thanks for a logical writeup.
Thank you. I wish all of them use the message
board like you.
My personal opinion is that the
stock is going down but it wont be as quick as the
shorts like to see it.
I short the stock and am
ready to short it for a long time and mentally prepared
if it goes to 300. I hope not.
This is one
of the few opportunities in a while.
While the lock-up for only 8 million shares ends
Monday there is another SEC rule that prohibits insider
sales 30 days before and 48 hours after earnings
announcement. So if earnings are announced on Tuesday then
FRIDAY is the first possible day that shares can be
dumped by the insiders. Since no shares will be dumped
on Monday, Tuesday, Wednesday and Thursday everyone
will think that the insiders are not dumping and the
shorts will get squeezed out the longs sucked in and
then the big money people will kill 'em both. Watch
and see. By February 5, Friday, you all will be
bloodied and the insiders will be laughing, again.
Here is the source you need to see, when, and how
much of insider selling can occur. (it starts monday,
folks,,,ya better DD and quick!!!)
Item 56 shows their
salaries. Item 72 shows when they can sell, and how
Over 8 mil shares can be sold immediately,
Monday. And they will be able to sell another 24 mil (not
K, by the way!) over time....at about 3.57 mil
shares per month, of their total 34 mil shares they own.
Needless to say, this 8 mil Monday, added to now
float of 3.1 mil shares, will be a float of over 11
mil, eh???? This isn't rocket science. This is DD,,,as
you should have done before now....
is NOT a buy, as some here believe. It WILL be much,
much, much cheaper soon. You watch. I'd say it will be
$20 in a short time period. Falls in half or more,
Monday. Good luck. This link is from Yahoo....... (AOL