RE:RE:How'd y'all interpret these insider moves?so, the overall net result is a decrease in the shares he holds. ???????. SO, close to having earnings
revealed, MMMMMMM. MY gut feeling is , this is NOT a good thing. HOWEVER, EARNINGS, will be way beyond what the market is expecting, which is 6 cents. Last quarter came in at 56 cents. .
OIL, then was 80 dollars, NOW, 100.00.Yes hedging program in place. EARNINGS, for the year might be 1.50 to 2.00 , stocks trade historically, 3 to 5 time earnings. THIS brings ATH into the 6.00 dollar range, PLUS PLUS. Insider trading, I am sure he is totally aware of the optics this creates, and the message he is sending, however, maybe extenuating circumstances, maybe trying to be positive about these transactions. ????. This week will tell the tale. Buy on dips, still lots of BLUE SKY.