Thursday, January 5, 2012

Insider Buying

Insider buying is on my mind, big time! I hold a position in GEOY. Since December 1, 2011, on the yahoo site under headlines for GEOY, there are 12 different articles about insiders buying GEOY. Twelve! What the hell is going on here? In the last 6 months, insiders have purchased a net 810k shares. At today's closing price of $22.32, that equals more than $18m worth of stock. EIGHTEEN MILLION folks! That seems like a whole lot of money to me. Damn.

Prediction Record 6-2
Winning Pct. 75%

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