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Emmis Communications Corp. Message Board

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  • longtimefollower longtimefollower Jul 21, 2012 12:07 PM Flag

    Wow, whoever thought we'd see $2+...

    and what, praytell, "insider selling" are you seeing at Zale, other than richard Breeden, which everyone "in the know" on the Street is aware that such selling is due to fund redemptions from individual customers.

    Insider buying is important, but it is and should NOT be a "crutch". Just for example, you totally missed EMMS at 75 cents, a few months back, while I loaded up and owned 5% of the float, at my peak level. Maybe your system need to work in some "flexibility" so that you don't miss such golden opportunities. but that would involve your being able to actually analyze corporate financials, history, etc., etc in a more comprehensive fashion, and not merely following rigid and doctrinaire rules.

    The fact of the matter is...the value in EMMS at 75 cents,a few months ago, was plain to see, for anyone willing to. the johnny come latelys who are piling on the insider buying will certainly make money.....but there's nothing particularly impressive about their overall acumen. to me.

3.76+0.06(+1.62%)Oct 25 3:59 PMEDT