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Registered User
Joined: 10/7/2004
Posts: 2,126
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A stock with excellent technicals as well as fundamentals,and best of all is 89% insider owned, only 32% institutions. Its industry group ranks 7.
This is an unnoticed leader. You can count of further increase in the price.
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Registered User
Joined: 11/10/2004
Posts: 6
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RE: CKCM I'm leery of a stock 89% insider owned since it's out of public investor control with respect to sudden large sales by insiders which have instant effect on price of stock. Sally
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Registered User
Joined: 10/7/2004
Posts: 2,126
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QUOTE (sallyrose) RE: CKCM I'm leery of a stock 89% insider owned since it's out of public investor control with respect to sudden large sales by insiders which have instant effect on price of stock. Sally
When people inside a company hold its stock is because they believe in it. It is in the best interest of insiders to make a company grow so their investment will grow. By looking at the fundamentals here you can appreciate that they have been doing their job very well. By the way since when does the public investor control anything in the market or in any particular company for that matter. Companies as well as their stock are control by the people who operate them, just until they do very well and big institutions notice so they come to manipulate the stock. The public investor has no tangible power in manipulating anything in the market.
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Registered User
Joined: 2/15/2005
Posts: 5
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I think Sally's point is that, insider's are more apt to all sell at the same time, at a point when they feel that the shares are fairly valued. If they have more info than you and you go into the stock semi-blind you may get hurt
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