Alaska Air Group, Inc. Message Board

Hey, your prediction on SUMR was so far off from reality (stock up 50% since your prediction a few weeks ago) I wanted to find out what other things you're spouting off about - so I can do the opposite!

The size of the purchase is small in comparison to what he already owns. I don't dispute that for one moment.

However, people do not pull money out of their pocket and buy stock for no reason. These folks receive free stock/options as part of their compensation just showing up for work every day and have no particular reason for purchasing (any more) stock, unless they believe it is undervalued and they can make even more money by purchasing shares.

Beyond that, it's my experience that once they begin purchasing with their own money, should the stock continue lower, they'll purchase even more, continuing to raise awareness. People watch insider trades and consider them quite important (I certainly do) - especially when CEO/CFO level officers are purchasing. It minimally causes notification to quite a few investors immediately making the company/stock show up on radar screens and forces them to have a look at the company. If it was a good investment when others (here) purchased previously, the financials are good, and the outlook is good, then it would be logical/reasonable to believe that others should/would see the same with the stock well off its highs - no?

I don't think how much is owned by any officers limits what any other officer is willing to invest - it's a simple question - will they get more "value" (monetary or otherwise) out of the money buying shares of the company than anything else they could do with that money?

Today ABX was down 2.8% while RVM was flat.

ABX has more debt than annual sales.

Time to short more ABX!

Why do you believe it should be trading higher?

You have an audience - make your case.

Y! won't let me post the text, but go to the Summary page - it's the second item in the headlines.

Oh, you think so? Clearly others disagree.

That's because there is a record streak going with the market being up on Tuesdays. Makes sense that Wednesdays would be the day to take a breather.

I agree and bought having seen the CFO purchase.

Fundamentals look solid and the tone of the conference call was good and optimistic.

There is a lot of money rotation taking place as much of the market is currently overvalued. That money needs to go somewhere else - this is the perfect place. It's not a go-go stock that's on everyone's radar screen, so value investors need to see it show up, and they will.

Stock is definitely trading at the low end of its range and the numbers would suggest the price should be at least 50% higher. Fine by me - I need some more stuff like this in my portfolio that I don't have to worry about.

I will.

Nothing has changed - company is still profitable, product is gaining wider acceptance and accelerating. Go look at product lifecycle curve - it is at the beginning of ride up.

People playing games.

Institutions are going to be stepping in, getting their fill of shares and then riding it higher remainder of the year. With market at record highs, most things are overvalued and they need to find undervalued things to put money into. This drop in price has come at exactly the right time for them.

CEO purchases in 2012 up 50% to 100%
so far

CEO purchases in 2012 still up 50% to 100%
as of today

Maybe more!

and the first shows $10.12, the last $9.10, and another $9.51 - so what.

After hours means nothing - minimal volume.

We all know there will be (unjustified) panic at the open and stop losses at $9.00 will be taken out. Will be good trading opportunities tomorrow as dumb money tosses their shares.

Seems to be getting a little toppy.

This has been a great run over the past 2 weeks.

Zacks got this one way wrong with the strong sell causing the unjustified selling first week of the month. If you look on their site, now they flipped 180 degrees.

Stock may be getting a bit ahead of itself at this point.

Will watch for scare tactics in the first 30 minutes, then I'll be buying with you.

I will admit you called single digits.

However, until Dec 31, I will not give you 14.01 as the high.

No, but I know you have an affinity for the word "fool" and using "..." in your posts.

You gave yourself away.

Go on - continue your game. You know I'm right about you again.