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SBA Communications Corp. Message Board

  • mizrde_2000 mizrde_2000 Jul 23, 2003 12:25 PM Flag

    Insider buying is encouraging.......

    and a good sign. I guess i need to reevaluate my entry. At $3.55 i'm still getting in cheaper than before and with AMT earnings tomorrow though i think i may wait until tomorrow A.M. to enter. Nice move by SBAC today but i still don't want to be caught holding a stock if the news isn't good for its sector. It does normally work both ways as you can see with AMZN reporting well last night and my early week top rec on the board of LOOK (LOOKSMART) going from my $3.40 buy rec to a high of $4.00 today.

    Everyone likes to see insider buys. This was a nice thing to see in a stock that lately hasn't had very many catalysts besides riding on AMT and CCI momentum and having a nice chart. The chart was looking like it was on the way to another pullback but this insider buying might have put in a floor.

    At any rate congrats guys. MIZ.

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