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Lindsay Corporation Message Board

  • cmmdrsolo cmmdrsolo Jun 19, 2008 8:58 AM Flag

    Massive Insider Selling

    Don't get left holding Parod's stock when reality sets in. No investor ever makes money buying a manufacturing company at 20X EBITDA. Credit Parod for knowing that.

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    • It may not be illegal, but it might demonstrate how management views its shareholders...as people to be picked off by insider selling instead of people who are employing them. Just a hypothetical.

      What i really found charming was Parod's comment that the massive flooding was a plus for LNN. And it looked like the trading geniuses who have hyped the stock beyond any reasonable valuation bought his story...for about 3 hours.

    • Don't most companies have quiet periods whereby the CEO can't sell a huge amount of stock just before reporting numbers that cause the stock to collapse? Aren't there security regulations for this? What a con job.

 
LNN
75.93+0.28(+0.37%)11:57 AMEDT

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