Come on insiders, you're sitting on cash and under book value and nobody in management thinks they should buy some shares. Of course, getting all those free shares why bother, right. As a shareholder, I love dilution
Well, i guess this tells you that even at the prices the coo sold at he thought the stock was overvalued. So maybe this liquidity driven bull market can do the same thing on the down side. Most speculative stocks are so overvalued after a five year run where fear has disappeared but my guess some where in the future the fear will be back and stocks will get very cheap again..
I'm waiting for my new BMX. But i did hear all 4 employees commute to work together.
I'm sure there smarter enough to take different flights - lets see - one marketing guy, a research guy, a financial guy and a guy who overseas everything unless a secretary is counted as an employee - then maybe there's no marketing guy - i hope they have a research guy - that would be funny
Think aout it - if you're an insider you don''t have any loose change around to buy some shares if the quarter is going to be good - here take a look at IKNX - an insider kept buying even though the stock had double (no one was selling) - well the stock double again - why would an insider sell if good days are coming - they need the money, "right."
i own a 3d stock IKNX that has basically double in a few weeks. i own Gnca a biotech that has double in two weeks - Its not becuase I'm crafty investor - it probably has more to do with the fact that the market has become insane and we should all know when the market gets to the point of insanity that a major correction is coming. i can feel it like the calm before a storm, and you can feel it in your bones that something is coming, yet most people don't even see it coming until its upon them. The market has been extremly frothy and needs a serious shakeout if its going to go higher - just my 2 cents.
I feel like I should go to cash, yet i don't want to miss higher prices - then if the market should fall i should have listen to my gut since all the evidence was clearly there.
basically doubling your money in 2 weeks probably tells me we are more near the end of the bull run or getting pretty close to a violent correction in the market. It sure isn't from being a crafty investor. I never saw this going up so fast based on "what." I've seen too many market good times suddenly turn into fools gold.
has nothing to do with t he 3d space, probably has more to do with insiders selling at htese prices instead of buying.
Thanks for the kiss of death. Its all irrational investing at this point in the market - but how long it will last who knows - usually this type of action tends to happen at the end of a bull run - but I'll take it.
Do you really think a show of strength scares anybody? Hell, North Korea and Iran do it every month. In fact, we have more than enough miltary aircraft that do nothing more than rust in their hangars
Well, even if they hit the high end of their guidence at 34 dollars per share there selling at 27 times earnings at 40 there selling at 32 times earnings - iI don't think the growth rates justify the high prices. Probably should be selling more closer to 20 than 40 but hey the market is off the charts at the moment , which isn't going to las,t eventually, reality is going to set in and the liquidity is going to dry up.
I've been here for quite awhile since the days our favorite shareholder startted buying.
I think we've conversed in the past about the company. I beleive we've also conversed on Cass and PLPC as well