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Perma-Fix Environmental Services Inc. Message Board

  • roboklerk roboklerk May 21, 2012 9:36 AM Flag

    About to Drop Below Where SEHC CEO Bought

    stock. Man, that dude on the last CC must have been really upset. Wonder if it is him punishing this stock? Stock was $1.90 right after 4Q report---almost cut in half from there. The business sure has not been cut in half. I don't think even half of it will be delayed.

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    • Insiders have little after tax gain on their purchased share holdings at this point and most of their stock options are out of the money. On a positive note: one can buy in at pretty much an insider's price at this level w/o having to contribute any sweat equity into the company. Gotta like that, but it does look like we may have caught a major seller trying to run counter-trend to the market the last couple days, but still having trouble getting out of his position. A large block would likely have to be done near $1.00. Unfortunately, the company blew through so much cash in Q1 there is little left to defend the stock through a share repurchase.

 
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