Seeking Alpha

Corning (GLW) edges higher AH after it's disclosed director Gordon Gund bought 150K shares on...

Corning (GLW) edges higher AH after it's disclosed director Gordon Gund bought 150K shares on March 6 at $12.75. Gund last bought Corning shares in Nov. 2008.
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Comments (5)
  • 2PP
    , contributor
    Comments (352) | Send Message
     
    This is not news, he bought because it's cheap. I didn't buy because I've seen their 2012-13 outlook.
    7 Mar 2012, 05:42 PM Reply Like
  • RHMASSING
    , contributor
    Comments (467) | Send Message
     
    It is news to me! Any insider willing to put up nearly 2 millions of his own money means a lot to me as a small investor. If he is willing to put down that much cash in this co, I don't mind to follow suit. Even if the outlook this year may not be great, I can wait for the co to turn around, while being paid with dividend. I guess this is investing the old fashioned way!
    7 Mar 2012, 11:39 PM Reply Like
  • TwistTie
    , contributor
    Comments (2476) | Send Message
     
    Dittoooooooooooooooooos!

     

    I added to my collection the last time it sold off.

     

    This would have been another chance, but it is already back to $13.24.

     

    I would start a position at this point if I had to.

     

    My time horizon is two years, but I expect to see progress in the next six months.
    8 Mar 2012, 11:51 AM Reply Like
  • sethmcs
    , contributor
    Comments (3476) | Send Message
     
    I hope to do better have a stink bid in at $12.42.
    7 Mar 2012, 11:53 PM Reply Like
  • longwei
    , contributor
    Comment (1) | Send Message
     
    Price movement to south seems to accelerate. In the waiting for price to hit $9 at the end of April 2012 / early May 2012.
    8 Mar 2012, 04:02 AM Reply Like
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