Wednesday, May 10, 2006

Three I-Buys of Note

Three after-hours I-Buys from last night (Tuesday):

IMCL
- Carl Icahn bought $1.8M, adding to his 10% stake; what does he know?

NL
- Harold Simmons bought $429K, adding to his 10% stake; what does he know?

VPHM - A Director bought $96K and stock is down over 50% in past three months, again, what does he know?


A

PS: I bought them all on the Open today (Wednesday).

11 comments:

Ronny said...

Allan,are you going to try to hold these for the intermediate term?
Ron

Allan said...

Ron, that's the plan, subject to change at any moment. From my experience with I-Buys, these three, especailly NL and IMCL, will easily outperform the S&P over the coming months. But I don't like to just outperform the S&P, I like to decimate it.

A

Anonymous said...

Allan,

I didn't receive the Sallyinsider e-mail about IMCL !!! Is there some problem with the software ? Does it occasionally not send some ?

Beth.

Anonymous said...

IMCL alert for insider buys..I did not receive one either!

Allan said...

Since IMCL was not an Officer or Director, but a 10% owner, Sally filtered it out. I saw it this morning and since the 10% owner was Icahn, considered it worth playing.

A

Greg Reiman said...

Hi A:

What do you think of KEYW as a trade today.

1st Qtr reported revenue doubled, profits up, order backlog up, working capital up. Never-the-less The Street is still disappointed, taking the tape down 10+% today. Poised to fill gap from 1/18/06.

I think this is an over reaction and have an order in at $18.25, just above bottom of gap.

Any interest?

Greg Reiman

Allan said...

Greg - go with your gut on it, you know more about it then I do.


A

Greg Reiman said...

Hi A:

I got filled on my KEYW order at $18.25. It filled the gap from 1/18/06 before moving back up. KEYW is the only green in a sea of red today. I am up 50 cents a share now, but plan to hold for a return to the previous trend line at $20ish.

Any opinion on DSCO? I bought at $2.84 earlier in the week, sitting on a small loss. Are you selling, buying or holding at this point? Are you sill hopefull on DSCO or are you cutting losses?

Thanks

Greg

Allan said...

Any opinion on DSCO?

One pissed-off HOLD for now.

A

tjbrune said...

NPSP may get a good pop tomorrow.....late news today about the use of Teduglutide for Tx of Crohn's Disease. Differet drug than what caused the drastic decline the last 2 weeks. this seems like a good potential for double or triple.

Anonymous said...

just a test for date and time stamp on the comment.