RE:RE:RE:RE:Here's the gameplanjimbrofski wrote:
Are you saying large scale insider buys can't often be indicative of a desperate attempt to create confidence that isn't there? Guys have posting here for LITERALLY years that this is going beyond a dollar soon. Almost every day for the past year someone has posted that. Am I the one who needs a reality check? LOL. olol
I'm saying the opposite. You are just wrong to believe that every winning stock on this index is anything but a promotion. Big money goes to the best promotions, and the best promotions need insider buys. Confidence is the epitome of putting your money where your mouth is. As long as there is a vision of future earnings and growth created, it can be sold, and share price will reflect the expectation, even if that growth is never achieved. As an investor, you invest in the story. Share price is the price of the story. The better the story, and the more it gets you hooked, the higher the share price. And we are at the part of this story where it starts getting very exciting. And everyone's excited to turn the next page. Meanwhile you sit there asking yourself if this is a fiction or non-fiction book. The reality is that it does not matter and the readers just want to know the ending. That's the reality of the stock market; and the unfortunate reality check never taught, only learned.