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SWS Group, Inc. Message Board

bjmiles123 2 posts  |  Last Activity: Aug 9, 2014 2:18 PM Member since: Aug 22, 2010
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  • There was an insider sell on 7/31/ of 75K by EVP James Noe which was 22% of his position.this was one week after earnings and 22% of his holdings. Usually not good news But fool that I am I'm going to take it that their is no unknown bad news or he may have to explain his sale I am taking a chance like I have never taken before and have purchased over 400 options some expiring in Aug some in Sept some with exercise prices as high as 4. Could be end of stock trading career but what the heck.

    Sentiment: Strong Buy

  • Depending on how rigs are depreciated could mean a huge difference on what this company is worth How do they carry this on their books, Example I owned a printing company we would depreciate our equipment over a 10 year period down to nearly 0. yet we could usually sell the old equipment for @ least 30% of what we paid originally.

    Sentiment: Strong Buy

7.06-0.05(-0.70%)Sep 19 4:03 PMEDT

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