Fountain Stocks gain?
FOUNT POWERBOAT (NasdaqNM:FPWR) - Trade: Choose Brokerage
Last Trade 3:57pm · 2.5935 Change +0.9035 (+53.46%) Prev Cls 1.69 Open 1.75 Volume 8,700 Up 53.46% today? Who made money? |
Watch for tomorrow when they should be reporting earnings.
There could have been some people today with a little pre-post information. |
reggie
No one else involved ever made any money :p |
I think Reginald actually put some of his own money back into the company...Insider deal. Look up the report.
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I don't see where he has bought back any stock in 2002?
Maybe my insider trading info is delayed. Dropped back 24.4% though today (so far). |
08/14 1:54A (DJ) DJ Insider Buys 600 of FOUNTAIN POWERBOAT INDUSTRIES INC
(FPWR) Story 0635 (FPWR, I/ENT, I/MRE, I/REC, I/REQ, N/DJN, N/DJWI, N/CNW...) SOURCE: Form 4 ISSUER: FOUNTAIN POWERBOAT INDUSTRIES INC SYMBOL: FPWR FILER: FOUNTAIN JR REGINALD M TITLE: Chairman of the Board TRANSACTION: Purchase 600 07/24/02 $1.31 OWNERSHIP: 2,240,272 The Form 4 is filed with the Securities and Exchange Commission by any insider buying or selling their company's shares. This form must be filed by the 10th of the month following the month in which the transaction was executed. Insider data source: Washington Service ([email protected] or 202-778-1384) (END) DOW JONES NEWS 08-14-02 01:54 AM Additional Codes ( N/DJWB, N/ISB, N/ISD, N/TPCT, N/WSV, M/CYC, M/NND, M/TPX, R/NC, R/NME, R/US, R/USS) |
I miss spoke when I said that I expected Fountain to report earnings today. They usually go the full 45 day limit on releasing quarterly reports, but I looked today and realized that this will be their fourth quarter numbers and the S.E.C. allows ninety days to report their fourth quarter year end numbers.
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WOW, real inside trading. Reggie Jr. bought 600 shares at a cost of $700. Don't think that really counts/validates inside trading. Now if he bought 600,000 shares- maybe.
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Originally posted by 105mph_38_2003 [B Reg won't risk making big money in till they get a federal pen with a lake....I think that won't be till next year. But they will only have Baja's for the inmates to drive:) :D :p :p ..Just Kidding Baja boy's. If I did'nt like'em I would'nt have picked'em to pick on:D :D :D :D [/B] Thought that was great.:D |
$1.31
At a $1.31 every fountain owner should by as much as Reginald did!:D
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