i have been following this stock daily and comparing the charts of this year from last year. the stock is falling behind.
with the price of oil high during the most ae's qtr, the prez and director buying stock this reporting as they did a year ago. do you think this earnings report will exceed last years earnings? or what is your opinion of this earnings report?
"falling behind" based on a year over year chart means very little.
I don't have any guess on earnings, don't really care either. What I look for is that the insiders are buying, and that the fundamentals are very good. In the long run, based on my experience, will drive the stock higher.
The insiders would not be buying if they did not believe the stock were undervalued. If it's good enough for them, it's good enough for me.
i hope that is a great omen. i see where you posted the same thing on the ihs board. how a board member bought approx 4400 share on a monday and ihs announced a buyback on a wednesday. you are right on, one could conclude that he had "some" inside information. i retired from ihs.
Well, this is my Y!-censor-friendly post. I feel like I'm living under the Chinese government considering everything which the censor police remove.
Anyhow, yes, that IHS situation was interesting. I follow insider transactions and it's one of the reasons I like AE. When management has skin in the game, I don't have a problem putting my money down if the fundamentals and financials look good.