Why is this co. paying a dividend when their debt to equity ratio is 50-1, the highest Ive ever seen in recent months of any stock? Yes I know there is insider buying but there is 20x as much insider selling! Any opinions?
Are your reading the same insider transactions as everyone else? There has not been an insider sell in more than one year according to Yahoo's insider statistics. Since 2003. In addition several purchases since then.
According to Vickers Insider Trading the last significant insider sales were in 02'. Yahoo shows some in 03' but Yahoo's stats (ie Dividend @ 4.26%) are always suspect. If you own this stock you should sell because I'm looking for more in the $8.75 range. If its yours I'll take it. If you don't own it, do some research. You may like what you see. Meanwhile, the dividend gets paid and the stock moves up. I like that combination.