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Eagle Bulk Shipping Inc. Message Board

  • mikereardon39 mikereardon39 Mar 25, 2013 10:04 PM Flag

    lack of insider buying - continued

    for whatever reason - my home computer doesnt let me reply to existing posts. it only allows me to start a new topic.
    Updown – your point is valid. It always needs to be considered – and the concept of not putting all your eggs in one basket is valid also.
    That said – I would argue that if Soph et al felt this name were worth $3-4 (or much more ) per share – they would not have sold egle shares to pay taxes. Or viewed in the original context – they would be buyers in some form. Any form. I think reasonable people can disagree here. There is a chance we know much more within this week.
    Since the market is closed Friday – can someone advise when does the window close for them to report? Seems they can file an extension if needed, but don’t know how that works. Can anyone shine some light on that process? Thanks. Still early enough for another shock top. Mike.

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    • each his own when investing. personally my #3 rule investing is diversification no matter how great a stock may appear. the best sailing stock can seriously dent a portfolio with one hiccup if weighted too high. too many folks evaluate unrealized wealth when cash after the fact is the only true measure. using cash to strike options has many negative aspects many don't understand until they actually do it ONCE.

      EGLE can submit a NT10K and file up to 15 days later with zero implications - other than market reaction. clear out all your browser history and cache to fix your reply problem.

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