Two things: 1). Insiders are in general early in their purchases and sales - otherwise they could potentially be getting worried come shower time. 2). Many insiders still have VERY substantial holdings (i.e. CEO, VC). And as Brandonf correctly points out, be very careful if you are thinking of playing this on the short side.
Thanks. You both are correct. I was only speculating about the future price of this stock. I am not playing this stock, it is not optionable and it doesn't fit my profile.. To me the gap of 5/9 gap looks like an exhaustion gap, going into the summer with the season's tendency to be bearish I find it hard to believe this babe will pass 200. Actually if it hits 200 again I would thing would be the best time to take a short position. But again I doubt it has enough gas to get there. Cheers guys !! p.s. check TOL insiders sells for 6-7/05. Now that was pretty good timing and they have plenty of shares remaining.. I do pay attention to what insiders do, sometimes they are right on.. http://www.secform4.com/insider/showhistory.php?cik=tol
Well, I'm still jumping and alive. I'll admit I've tried to pick tops on GOOG before at 300(yes at 300! I'm laughed at by a few traders with long memories even now over it) But I uhh wised up and am pretty sure this bear market will tear it down. HANS pretty close to filled the gap-up then maybe it'll get halved in a few months.