The execs always milk this cow for whatever they can. Do you really think they expect this stock to ever actually rise? Or, do you think they'd rather milk it constantly while they fluff up the numbers by buying junk revenue from time to time and making massive cuts. Just look at it...7 or 8 purchases...and none exactly looked to me like premier market drivers.
perhaps but there is something odd about this position. MSFT Money had this rated a 10 just days ago and today rated a 6. One can make light of Money but they track the same statistics across the board. Makes one think insiders know something before any one else.
ProThe price-to-earnings multiple is lower than average for all stocks in the StockScouter universe. PositiveEarnings growth in the past year has accelerated rapidly compared to earnings growth in the past three years. PositiveConTwo or more executives, board directors or major shareholders - including one high-level executive - sold a large number of shares recently. Extremely negativeThe StockScouter measure of relative price change and consistency is low. Negative
I have been steadly adding to my position over the last few months. I still believe we will be in this range till the end of the quarter, or just before. The market overall is reflected in the price and most people are sitting out...at least the investors I talk to. I am not following the crowd and continue to invest. I am only quite since I have nothing to add. May be a new concept to some posters. I am long and my average price is currently higher than the selling price. I am continuing to add and believe the stock will get back to the $9.00 range when the market shakes loose some of the fear. I also follow BBT KFT P&G DD KMP JNJ and AA. Good luck all.