I don't think medals and tokens is a big market; I know there are some collectors, but nothing like coins and cards. It looks like the Russell 2000 news was already priced in
It appears that the Russell 2000 news had already been priced in when CLCT rose the week before the news broke. Clearly what hurts share price the most is the large insider sell trades from the board members. The time to buy the stock is on it's 10% dips down
What do you mean that the insider trading window closes next Monday? Can't an insider buy and sell whenever they want to or do you mean this is when they report the insider trading?
From your other post today, the company appears to be doing very well, with lots of business.
I'm most interested in how this stock will do if the overall market has a down turn. If it will react more like gold and silver, which sometimes do well or at least okay; when the dow and nasdaq fall; or if CLCT will fall with the dow and nasdaq
I don't understand this. 3 days after they report until the end of the quarter would be 87 out of 90 days so why do you say they have a limited window?
Okay, if I understand you right, they report about 5 weeks after the quarter ends and the quarter has 13 weeks or 65 trading days. I would not call 40 of 65 days a "short window", which is why I asked for clarification. If I'm still not understanding you, let me know. But either way, the huge insider selling of this stock greatly hurts share holders and has prevented it from rising to the $25 to $30 level as it should have. It also makes it much riskier than it should be and in a market downturn, it could easily drop down to the $15 level; leaving only the board members with anything to show for it.
I got in this stock about a year ago at the $14.50 level and added once when you recommended at the $18.50 level, so I'm very happy with the stock and the dividend. But this is not a stock I would recommend to anyone due to the massive insider selling by many of the directors.
I agree that the shorting of the stock also hurts, but part of the reason for the large short positions is the large insider selling sales. Major insider selling combined with almost no purchases by insiders can also discourage the buying of the stock and can attract short selling. And 1 reason many institutions might not be buying is because of the heavy insider selling
You're the expert here; not me. But you went back to January where more than 120,000 shares were sold, which is a lot for a stock that trades less than 50,000 shares per day. But if you had gone back just 2 more months, you would have noticed that the insiders sold another additional 140,000 shares in the months of Nov and Dec of 2013; so it's now been 8 months of very heavy insider selling, which definitely has hurt the share price. Many investors want nothing to do with stocks that have heavy insider selling.
"if you don't like it, sell". I'll take that comment as your way of admitting that the heavy insider selling has been hurting share price, which is why you mentioned insiders have a short window. Unfortunately the "short window" is not true(it's 8 out of 13 weeks). I've done well with this stock and like the dividend, but do see a red flag due to the continued heavy insider selling
A red flag doesn't mean an automatic sell; but it is something to watch for, which is why YOU made mention of the insider trading window. I would guess you also see the insider selling as a factor or you would not have mentioned it. Getting added to the Russell 2000 should get more mutual funds buying, unless the heavy insider selling continues
The insider trading is more than you posted. It's not 140,000 insider selling shares in 8 months, it's more like 260,000 insider selling shares in 8 months, with almost no insiders buying. We disagree on how this affects the stock. I think this is a lot for a stock that trades less than 50,000 shares per day. And I also think that the heavy and consistent insider selling is one of the reasons that short players are here. Sometimes with heavy insider selling, comes heavy short positions. I'm hoping the insider selling slows way down or stops
Go fuck yourself. This is a message board for ALL people to post their views and opinions. You show inexperience by solely blaming the short players. You bullshit that insiders have a "short window" but they have 8 weeks to buy and sell out of 13 which is not a "short window". That's plenty of time to help cause these 10% drops by wakening the short players. And maybe you're a bit slow, but there would be a lot less shorting of the stock if insiders would stop selling and just let the stock grow. And most likely more mutual funds would include CLCT if the insiders would stop selling
Maybe you forgot but it was YOU who posted with optimism that the insider trading window is almost closed. YOU posted because YOU finally realized that the constant insider selling is why this is not a $30 stock and maybe why you're losing on your most recent purchase. When the insiders stop selling, the short players will leave, but for now CLCT shareholders do okay but continue to be hurt by BOTH insider selling and short players. I think CLCT holds for now or moves up a bit, but 1 bad downturn wipes out the past year of gains and leaves only the insiders as winners
Over 100,000 shares have been sold by insiders in the past 6 weeks and this is why there was a large increase in the shares shorted the past month and why the share price is closer to $20 than $25. You have a lot to learn
Sorry you bought at $23 and didn't realize that the 120,000 insider shares sold the past 6 weeks would hurt the stock and attract more short players. I thought the Russell 20000 news would help but avoided buying due to the heavy insider selling. Who's the rookie?
My "banter" called you out on your #$%$. A "short window" of trading is not 8 weeks. 120,000 insider shares sold in just the past 6 weeks is a very big number for a stock that trades less than 50,000 shares per day. You called the insider selling "nothing". The shorts called it an opportunity to take your money
As a reminder, it was YOU who made the point of posting that it was good news that the insider trading window was closing soon. Rarely do investors talk about the insider trading window because rarely is it a big factor. But it is with CLCT so you posted about it. Sorry again you bought at $23 before the insiders sold and took your money again. Blame yourself; not me or the short players.
Yes rookie, and insider selling of 120,000 shares the past 6 weeks is a large factor in why the short interest is at a 1 year high
Again, sorry you made a bad buy. In case you forgot; the title of this thread which you started indicates you made a bad buy at $23 range: "mental note to self: be more disciplined with buying"
For a split second you actually stopped trying to impress people and showed some humility. That quickly ended when I called you out on some of your inaccurate facts and posted that the heavy insider selling helped lead to heavy shorting and that both factors caused the stock price to drop.
The 120,000 shares you said insiders sold the past 6 months was wrong. It was actually 120,000 insider shares sold the past 6 weeks. The insiders selling and the added short positions helped bring the stock down 10% to $20, when it should have risen 10% towards $25
You have no idea of who I am so stop with the silly outbursts
Of course the short interest is up. Insiders have sold 120,000 shares of CLCT in the last 6 weeks, which attracted short players and scared off buyers. So instead of the stock moving up to $25, the stock falls back down to $20.
Analysts often shy away from covering lightly traded stocks that get hit with heavy insider trading that follow every bit of good news. The 120,000 insider selling shares that were sold the past 6 weeks is what caused the recent 10% sell off. The stock should have risen to $25, but instead dropped back down to $20 due to the insider selling. CLCT remains a nice hold with it's growth and 6.5% dividend, but the heavy insider selling greatly limits it's share price and discourages a lot of investors
You liked it better when you could post anything you want and never be called upon anything. Unfortunately for you, this is a stock message board that's open to all member of Yahoo and some members and holders of this stock might actually like to see more than just positives and hype. The 120,000 insider shares sold the past 6 weeks is why CLCT isn't above $25 and if the insiders continue to sell every time the stock has a 10% rise, then the share price will continue to be hurt.
The insider selling of this stock continues to kill share price. According to Yahoo Finance insider transactions, in the past 6 weeks alone, this lightly traded stock has seen 161,205 insider shares sold.
I tried posting about the heavy insider selling, but Yahoo took my posts down???
Why would Yahoo prevent users from warning others about heavy insider selling???
The stock has a nice dividend and has done okay, but the insider selling has killed the stock's potential. And now this past week another insider sells another 25,000 shares. The excellent news of the past 2 months and the addition to the Russell 2000 should have brought the stock to $25+, but instead the insiders caused another 10% haircut and brought the stock back down to $20 range.
What happened was more insider selling. Yahoo Finance shows that there's been another 26,000 shares sold this past week by another insider. I tried warning people here that the heavy insider selling was killing share price, but every post I wrote regarding the insider selling got taken down. I would suggest that people here take notice of the 160,000+insider shares that have been sold the past 6 weeks, and that people understand that this is why the stock is at$20 instead of $25. Insider selling attracts short players and the combo of insider selling and short players bring a stock down and also discourage fund managers and other investors from buying the stock. The insiders of this company are greatly holding back share price.
I know more than you realize and the warnings I tried posting were accurate. This is a
Yahoo finance stock message board, so you shouldn't be asking Yahoo to take down posts that disagree with you. You should respect all views and regardless if you agree.
Here's Stocks 101. Insider selling almost always hurts share price and 161,205 insider sales in 6 weeks of a very lightly traded stock is a big number and attracts short players. The number is 161,205 whether you want to argue about how you define a few thousand of the shares. It's been heavy selling with another 26,000 this past week.
Insider selling also discourages fund managers and other investors. Now maybe some fund managers want to buy in and want to first manipulate the price lower so they can buy at a better price. That would be the optimistic view. Or maybe the heavy insider selling is simply knocking down price and bringing in more short players with no big players looking to buy in. That's the pessimistic view. We'll see how next week goes.