Insider tradingMy new friends nozepak and waterboy are very quiet these days! Is Q3 going to be yet another disappointing quarter, riddled with excuses explaining why Enterprise yet again underperformed, followed by promises that the next quarter will be better so hang in there! Copy paste repeat just change the dates!
Well folks let’s look at what some believe to be the most valuable indicator of where a stock is heading…insider trading. Mr Jarozuk owed 6,044K shares on October 2 as of October 11 5,211K, a decrease of 833K shares. Wow he sold 14% of his holdings!!! Is it possible the assets aren’t worth what management believed!!! That the company hasn’t secured work for their highly specialized assets.