Where the hell does an insider get the nerve to sell off over $60 million as of the bigining '04 with no itemization or use of proceeds and no news. The ceo of a company with a market cap of only about $40 million. That is unethical!
so he may argue they're his shares. Well he may own the paper but the company and his efforts have never evergenerated an income! So that whole $60+million is investor money being swept into his personal bank account.
ether he is going to announce a buy back to the tune $30 million for a start or he is going to face the consequences of fiduciary negligence to the investment body. And that is grounds for dismissal or a class action.
their contact at investor relation should be inundated with this observation.
Well, Investors have "busted their butt" also, trying to "make a buck".....and have invested their hard earned funds in this company in good faith.....this is a two way street....
The company needs to look out for the welfare of its investors....for Tgal to acquire a higher stock price....
If the insiders only sold about 10K shares or so, here and there .....but when they go way overboard and sell and sell continuously and for an extended period of time....IT IS WRONG!!!!
Criminal.....in their fiduciary and ethic responsibilities...
The bigest problem I have with the whole arrangement is that someone with a
I posted a long time ago that I cannot understand why that is not being done here unless the insiders are prevented from buying due to a quite period. Expect this stock to be weak in front of an acquisition though.
Please pardon the shock of those numbers, my shouting and the plumbing. As long as I have two cheeks to turn it was my obligation to do so and i sliped up.
It's not the losses that bothered me that will always come and go. As a trader losses are a vaccination to me. but I will contol my quest for the elusive justice.
Listen here you little nuget of puke
any moron can day trade. I do it all the time that is just maintenance.
but no body is pulling the wool over my eyes.
just paste and copy the insider sales as of 2004 unto xcell and total. You will add up
$66,237,171.00. In less then 3 months!!!
if that doesn't phase you, you must be opiated with that chump change you're so elated with,
another thing you could do is stick your head where the sun don't shine and squeeze till the rest of you just splashes. And i'm not mad just factual.