RE:insider buying by directorGREAT!!!!!!!! Grossly oversold stock + strong insider buying = EXPLOSIVE STOCK PRICE.
CXR @ 40 Nov 1 = BTE @4 Sept 29th
Today BTE trades at well above 5 (still a 25% gain in my core portfolio even with the real oil sector impact) AND sold my margined BTE shares at 6! Just need to do that a few times per year and WOW!
Why was BTE at $4 in september such a screaming deal? Insiders started to buy!
And BOOM the stock short up from $4 to over $6 in 6 trading days! That's a 50% gain! Why? Because NOTHING insitill more confidence with the investment community than seeing insiders buy shares of their company (if the transaction is significant).
Now, if you look at CXR, I bought at 25 and haven't sold a single one (unlike I did with BTE), because unlike oil stock (all controlled by underlining oil prices), there is no underlining "pill" price! Each health stands on its own and is governmnet by demographics and sales of their own products.
So any sellers here? I can tell you that if the VRX and NHC chananigans continues to impact CRX and continues to make this one less attractive to the market, there's one hyper aggressive short term investor that will continue to make money on these brutal short attacks. If you can stop them, join them (and you don't even need to bash or pump, just BUY! and sell when the fear gets replaced with greed). Simple.