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J&J Snack Foods Corp. Message Board

  • baaruucchg4 baaruucchg4 Feb 12, 2012 7:05 AM Flag

    Insiders dumping JJSF

    Insiders have dumped over $1.3 million worth of JJSF stock in last few days Also, CEO recently dumped some $10 million worth of JJSF stock. Stock near all time high. Time to cash in and lock in my JJSF profits? Thoughts?

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    • Correct that; some more insider totalling $1.5 million insiders dumping in last few days. Was pondering unloading my 47,400 shares today but didn't pull the trigger. This stock has been great for me over the years; with my average cost basis around 12 bucks a share. Its near the all time high and the last cc leads me to believe EPS this fiscal year will be under pressure due a variety of factors. Anyone else out there have any opinions?

    • Yea, insiders are selling almost on a daily basis but I don't put a whole lot of weight on that. The key is the fundamentals of the company. Margins seem to be under pressure due to a variety of issues.

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