Dumb question for you.....if you look at Insider Transactions for ASE, the bulk of insider transactions are ASE Directors and officers selling their stock. I was talking to some colleagues about ASE today, and they viewed the insider transactions as a negative....they seem to think a poor report is on tap for tomorrow. Anyone have any thoughts regarding this logic?
Fabiano sold last October and some directors sold in February based on the site I use to research this. I'm sure Fabiano will get options and probably wanted to take some gains. I'm sure they feel AS&E will do well as they work closely with the TSA, etc. On the last cc when Fabiano was asked how things were looking for the "next quarter" (tomorrow's cc) he replied, "Things are going well." I don't expect any surprises but maybe Ben and Barry can comment further. I noticed the insider sells, too, but since the stock did so well I couldn't really blame them.
I commissioned a study years back on insider transactons--bottom line--option related selling (which accounts for most of ASEI's insider transactions) have no direct relationship to stock or company performance.
Keep in mind who the average insider is--ex military, very conservative.
Selling will continue by insiders quarter to quarter in small quantities as they have been for the last year or so.