Quote from stock777:
Does anyone know how to deodorize the room. Longhorns is a problem, even if you cant see him, you can still smell him
Well, I'll agree with you on Longhorns. However, you and I don't see quite eye to eye on insider sales.
You slant things to give the appearance that insider sales are "unique" and dramatic to CFC.
CFC's been in a distribution top for 4 years. Broke trend long ago and churning (albeit wide) since then. Selling isn't much of an issue. Pre-announced. Staggered increments. Pint-sized proportion of capitalization. Those shares are in new hands. Insiders flush with cash (they can spend as they see fit--- including re-purchasing their stock)
You should be more concerned about a CEO's ability to go to the press and light a match to start a price move industry-wide. 1. The POWER of the media/impressionability of money managers. 2. A ploy to re-purchase some or all of that stock (not necessarily now) at wholesale prices and an accomodative specialist.
Commonsense. CEO wouldn't "destroy" the pricing of more stock to sell (YOUR focal point).
Hey, show me a CEO, any CEO who's above reproach.
An even bigger issue is the notion the average Joe Sixpack has $5000 liquid, a 401-K (which he thinks is a savings account) some credit card debt, upside down toward a car on a 5 year note, basicall lives hand to mouth, and............the equity in his home (net of what's been tapped re-fi). Perhaps I'm wrong but you seem to want some type of mortgage collapse. Pssst, not good for any of us. The destitute ultimately get hand outs. You and I pay for them.