RE:RE:RE:RE:RE:RE:RE:Insidersan investment guru you are not fdfd12.. who knows why some insiders sold? maybe they wanted to purchase a house or something... who knows and who cares really. what they do with their shares/options is their business. there is no excessive selling going on.. give it a rest
your second sentence (below) does not make any sense, insiders cannot use inside information to trade on. you being an "expert" should know this....
you and edgetown1invest are no investment gurus/yodas, but keep your pap coming anyways!
fdfd12 wrote: If they sold cause they had options bought at a lower price (which they did) why sell at $8 when it is going much higher.
Or better yet, why sell it now if news is coming out in 1 or 2 weeks like thinkbig said.
I believe, they know info on the company and they know there is no orders coming in the next few months so they sold.
This means no pop coming up in a while but I think the stock will still do well over time.
LastZaz wrote: He's being sarcastic. I think they sold because they exercised options to get shares for pennies, then turned around a huge profit to get instant cash while the stock was performing well. It's not even significant amounts of insider selling.
I saw insider selling on LPX at $45.00. It is at $64.80 as I write this. It doesn't imply anything besides those selling want some cash now - not later. It doesn't mean insiders believe the sky is falling.