<<That just tells me there are at least 6 bagholders reading the board and expecting this stock to go up from a 300 PE. I'll have to lay-n another short position soon. >>
I reccommended you and I'm not a bag holder. ALGN is comfortably in the green. And by all means, go ahead and short this stock. Join the other 11.9 million shares short (27.22 days to cover). It will be fun to watch you run for cover when the stock breaks over it's 52 week high.... again.....
For a change, I stand corrected. Yes, she has indeed sold a little more than 5% in the last few weeks (my source for filings wasn't showing all of her Form 4's).
I still don't care or believe it has much relevance since she is leaving the company. If TP, Gund, or Lacob were to sell... that would be a different story entirely.
The P/E is still irrelevant you nitwit. If you were to assign a P/E of 20 we'd be trading for less than net cash...
By the way, up to 6 recommendations so far that say you're a bozo, and we're not even done yet!
Uh, she still hasn't sold more than 1% of her total holdings. You want me to shake in my boots at the sales b/c they're in the tens of thousands?
Keep the percentages in mind and you won't look like the fool that you are.
I'm sure you meant to say, "when Barron's carried a small news note about a shill who claimed ALGN was a $3 stock."
I like Barron's because they are somewhat ruthlessly devoted to the actual facts a lot of the time. They have the humility and self respect to admit early and often that they might be wrong and describe the reasons that support the idea they are in error.
They report those shill comments every week. Some of them contradict each other on the same page.
>>Actually I believe that Kelsy has at long last resigned from the Board<<
That's a good point. What the hell is she doing selling while she still has to report.
>>On February 23, 2006, Align announced that the Board of Directors appointed George J. Morrow to the Board of Directors of Align effective February 16, 2006. In addition, Align announced that each of Brian Dovey and Kelsey Wirth will not stand for re-election as a director of Align and will retire at Align's annual meeting of stockholders expected to be held on May 24, 2006.<<
Why can't she wait a couple months?
One possible answer is that she had a fight with the rest of the BOD. That would explain why she is leaving the Board AND why she is selling before leaving.
Could she have gone over to the dark side???
After a while those $100,000 sales start to add up to more than I make all week!
Actually I believe that Kelsy has at long last resigned from the Board, but continues to collect nest feathers as a consultant.
When she terminates consulting agreement, she can sell, sell and sell short if she wishes.
In some companies key officers are not allowed to sell, period. Apparently this is not one of them.