posted on February 3, 2001 12:19:26 AM new
It's real common for the board to exercise their options to sell their own stock, normally when the price is going up, not when it is going down. There is no meaning of this even when the CEO is doing the selling. The main person to watch is the Director, if he's selling you probably should be too.
posted on February 3, 2001 06:00:04 AM new
In the past, I've subscribed to an investment advice service that focused on stock market insider trading information to trigger further analysis and writeups on whether to consider trading a given company's securities. From them, and commonly seen from respected market commentators is this principle: Insider SELLING of stock means, on average, nothing. It doesn't correlate statistically with companies' stocks dropping in the future. There are many reasons for company executives to lighten up on their holdings (a few tens of thousands of shares of Yahoo are NOTHING to someone like a board member, typically, mere pocket change). A new house might be being built, kids going to college, legal or medical bills coming due, and really most sensibly, it can be simply financially discreet to shift money to other investments to diversify no matter what one thinks of one's own company.
Generally, insider BUYING triggers market watchers to look carefully at a company's prospects as an investment on the "long" side, but selling is normally of little interest unless unexplained and a large percent of the exec's total holdings.
posted on February 3, 2001 08:43:35 AM new
OK, let's try this again...
The numbers I used, are generated by an independent source and are available by subscription only. I do not have any reason to believe their numbers are not correct.
I hope you are not paying much for that subscription, because their numbers are WRONG.
Here's a link to an AW thread which has a link to a message on the Bidbay message board in which the CEO encourages people to post multiples of up to 100,000 to make the site appear bigger than it actually is:
But really, you don't even need that. If, instead of blindly believing the data from some "Authority" you try a comparative search on Bidbay and Yahoo, you will find that for virtually an item, Yahoo still has far, far more listings.
It just goes to show that just because someone calls themself an analyst or an expert doesn't mean they have any clue what they are talking about.
posted on February 3, 2001 03:09:54 PM new"I also believe that Yahoo is going to change their fee structure soon. My believe is based on the stock trends analysis such as the following one:"
Did I miss something here???
How does Yahoo's stock price, or their 10-day stock price average, or 50-day average, or 200-day average PREDICT that they're going to change their Auction seller fee structure??????????
I guess I'm dense. Their stock WAS down to $24.00 and they announced Auction fees to make Wall Street THINK they were going to make profits from their Auction....so now it's up to the mid $30.00s (might have gotten there WITHOUT the fee announcement IMO, since less than a year ago the stock WAS at an unbelievable $250.00ish, remember?), the Auction listing numbers are down 65-70%, and we're supposed to CONCLUDE that Yahoo will soon revise the listing fee structure?
1 + 1 = 2. Stock Average + WHAT = revised fees???????????
