Sat, May 25, 2013, 12:30 AM EDT - U.S. Markets closed
Part of the problem with SKUL is that insiders continue to sell lots of shares, even at these prices.
If they would rather sell than hold at these levels, what does it say about their level of confidence in the company, and the message they are sending to shareholders.
I've attempted to speak with management, but they won't take calls and refer to their outsourced shareholder relations co.
I am holding for now, but losing conviction.
Which insider selling are you referring to?
This is the last I could find with $12.01 being the lowest price per share at October 23rd and the last one Oct 31st.
2012-10-31 Alden Irrevocable Trust (10% Owner) Sale 26,000 12.26 318,786
2012-10-23 Alden Irrevocable Trust (10% Owner) Sale 26,000 12.01 312,286
2012-10-18 Alden Rick (Director) Sale 16,000 12.37 197,920
2012-10-16 Alden Irrevocable Trust (10% Owner) Sale 26,000 12.62 328,146
2012-10-01 Andrus Jeremy (PRESIDENT AND CEO) Sale 40,896 13.89 568,168
2012-08-24 Kearl Jeff (Director) Sale 51,600 14.60 753,360
2012-08-23 Kearl Jeff (Director) Sale 103,350 15.11 1,561,308
2012-08-07 Warnock Greg (Director) Sale 229,736 15.57 3,576,759
I guess the answer to Andrezen's question is: NO.
did a insider sale just get released?
total capitulation....I am out...
Sentiment: Strong Sell