Sunday, July 8, 2007

AXR - Additional information


Daniel.. You are correct. a company that maintains a large inside ownership is always a company that is better viewed than one that has little inside sponsorship. However you have to keep in context when the inside ownership / shares were acquired or purchased.

Going back a couple years there was only one reported inside purchase ($213,750) in 2005.

And in late 2006 (before the large drop in their earnings release) there were sales by insiders of $5,895,824 ! That is a large percentage of sales vs buys by the company executives.


1 Comment:

Anonymous said...

Thank you Chuck for the insight! The devis is always in the details!

Daniel

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