GREY:NEVDQ - Post by User
Comment by
quinlashon Sep 14, 2021 12:29pm
150 Views
Post# 33855233
RE:RE:RE:RE:RE:RE:RE:Misc insider sales
RE:RE:RE:RE:RE:RE:RE:Misc insider salesGetting in under the insiders is never a bad starting point IMHO, selling under the insiders seems a bit counter-intitutive.
JMHO
Q
Notgnu wrote: Follow up: NCU insiders have been under (as I gather) almost perpetual black-out from buying and selling in the public market for the last 18 months or so and continue to be. This is a bit unusual but it is partly a mangement descision. There are some definite rules but management can extend black-outs.
The only so called "buys" have been Pala being paid back in shares for money owed and it is, as I remember to month end shares prices at the time of the re-payment or payment.
There have been Zero insider sells. In 2019 year end there appears to be an error correction that looks like a small sell but it is not. You can see this by the total balance of shares held.
Recently the executives and directors were paid a nice bunch of rights and options. They now hold about 4% of the company and got in at a nice low 9 cents. This is to me a good sign. They will work hard to turn these into a real big payola over the next few years. It is a big incentive and it aligns them with us.
N
Notgnu wrote: As far as I remember company insiders have up to 10 days to file new transactions. I believe funds have some exemptions from being captured under the definition of "insiders" even if they own over 5% of the shares thus they only have to file according to their own requirements as a fund. I do not know what those are but from viewing filings it looks like quarterly but in arears for a few months... sooo not very useful.
N
patchh wrote: timing allowances... when do new accunulators hav to file.. is it 14 days..
USMutual funds hav to declare @ 5 dy for more thn 2% of holdings... ??
this rules is what wiped the muni's in 2008