When buys don't count
Article Abstract:
The April and May 1995 purchases of Integrated Health Services stocks made by insiders after the share prices fell, do not signify their support for the company despite indications to the contrary. A review of their purchses show the amount they reinvested into the company was considerably less than the amount they earned in January 1995, when stock prices were high. Thus, investors should not base buy decisions simply on the activities of insiders.
Publication Name: CDA-Investnet Insiders' Chronicle
Subject: Business
ISSN: 1074-0139
Year: 1995
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Oxford Health Plans
Article Abstract:
Concerns about the performance of Oxford Health Plans Inc. were raised after 13 insiders sold 493,872 shares at $51.09 to $58.25 in Nov. 1996. VP David Snow made his largest sale since 1994 by clearing out 100,000 shares. VP Robert Smoler reduced his holdings by 10% by selling 80,000 shares while Pres. William Safirstein sold 50,000 shares. High Wall Street expectations and healthcare finance reform could also spell trouble for the company.
Publication Name: CDA-Investnet Insiders' Chronicle
Subject: Business
ISSN: 1074-0139
Year: 1997
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What's next in tech?
Article Abstract:
Buying insiders at Integrated Health Services Inc. are investing limited dollars relative to what they took out. The activity leads to an increasing concern that active insiders are not waiting for a rebound in the near term and may reflect lower prices in the future. It is also an indication that insider expectations do not match those on Wall Street who were originally the ones that bid the shares up.
Publication Name: CDA-Investnet Insiders' Chronicle
Subject: Business
ISSN: 1074-0139
Year: 1995
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