思绪不断

Monday, April 28, 2008

Insider Trading Apr 28

JEF

What they do?

This is a investing company. PE 172.

What happened?

Two directors plus another company each purchased 9.1M worth of shares.

What to do and why?

I will pass. 1) It looks more like some kind of deal than insiders are doing bottom fishing. 2) There are no previous record of these insiders benefit from their insider purchasing.

AXE

What do they do?

C class components distributor (nuts/bolts/fasteners). PE 9.24

What happened?

A director purchased 1000 shares.

What to do and why?

Pass. There are way much more selling than buying.

NVLS

What do they do?

Maker of equipment for IC chips. PE 14.93.

What happened?

CEO Richard Hill bought 10,000 shares around $22.

What to do and why?

Watching. 1) There's only one insider buying the stock. 2) There's no previous record of this insider profit from bottom buying.

SGR

What do they do?

Infrastructure builder. PE 75.19

What happened?

Lots of insider sale.



What to do?

Close watch. The insider for this company were quite accurate when it comes to buy/sell their own stocks. They caught the Oct 06 bottom, and they caught Oct 07's top.

SCHW

What do they do?

Big financial firm. PE 11.15. Yield 0.9%.

What happened?

CEO sold 3.3 million shares.

What to do?

Pass. These shares are owned through a trust. Indirect ownership is kind of wired.

BLK

What do they do?

Investment firm. PE 25.71. Yield 1.45%

What happened?

CEO and president sold $18M worth of stock.

What to do?

Don't know. I know nothing about investment firms.

GME

What do they do?

Game retail. PE 31.64

What happened?

CEO sold $20 million worth of stock

What to do?

Pass, cannot figure out what's going on






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