Everybody who works at ASEI is not working they are all on the phones with their brokers unloading stock.....3 more insiders today have sold on top of the 3 the other day.....hmm....maybe I should sell the rest of mine
Insider sales have to be registered in advance of the sale. So these sales have been pre planned for some time. Hey, with the rising costs of gas, a million doesn't go as far as it used too.....
If you look at the trades, Thursday there was someone who bought about 100,000 or 150,000 shares on the open market.
This buying finished around noon and the stock was flat thereafter.
Today, the insider sales drove the price down about $1-2 in the morning. Once those sales were completed, the stock rebounded.
Overall, notwithstanding the insider sales, the stock is showing pretty good action.