Ya gotchyur load bar, ya gotchyur headache rack

Discussion in 'Knight' started by tracyq144, Apr 17, 2010.

  1. JimDucan

    JimDucan Medium Load Member

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    http://www.gurufocus.com/news.php?id=91286

    All stock sells from the higher ups has to be recorded on the exchanges.

    Vice Chairman of Knight Transportation Inc. (KNX) L Randy Knight sells 31,165 shares of KNX on 04/27/2010 at an average price of $22.06 a share.

    Knight Transportation Inc. has a market cap of $1.77 billion; its shares were traded at around $21.24 with a P/E ratio of 34.3 and P/S ratio of 2.7. The dividend yield of Knight Transportation Inc. stocks is 0.9%. Knight Transportation Inc. had an annual average earning growth of 12.8% over the past 10 years. GuruFocus rated Knight Transportation Inc. the business predictability rank of 2-star.

    KNX is in the portfolios of First Pacific Advisors of First Pacific Advisors, LLC, Manning & Napier Advisors, Inc, Manning & Napier Advisors, Inc, Chuck Royce of Royce& Associates.

    CEO Recent Trades:

    Sell:: CEO Kevin P Knight sold 300,000 shares of KNX stock on 03/10/2010 at the average price of 20.79, the price of the stock has increased by 2.16% since.


    CFO Recent Trades:

    Sell:: CFO David A Jackson sold 15,788 shares of KNX stock on 02/22/2010 at the average price of 19.27, the price of the stock has increased by 10.22% since.


    Directors and Officers Recent Trades:

    Sell:: Vice Chairman L Randy Knight sold 69,483 shares of KNX stock on 03/12/2010 at the average price of 21.01, the price of the stock has increased by 1.09% since.

    Sell:: Pres. Knight Brokerage, LLC Greg Ritter sold 2,000 shares of KNX stock on 03/10/2010 at the average price of 20.84, the price of the stock has increased by 1.92% since.

    Sell:: Vice Chairman L Randy Knight sold 500,000 shares of KNX stock on 03/08/2010 at the average price of 20.08, the price of the stock has increased by 5.78% since.

    Sell:: Controller Steve Collins sold 1,200 shares of KNX stock on 03/01/2010 at the average price of 20.08, the price of the stock has increased by 5.78% since.

    Sell:: Pres. Knight Refrigerated, LLC Erick Kutter sold 11,814 shares of KNX stock on 02/24/2010 at the average price of 19.25, the price of the stock has increased by 10.34% since.

    That my friends, is the sound of upper management bailing out.
     
    Big Don and truckerdave1970 Thank this.
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  3. truckerdave1970

    truckerdave1970 On Probation

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    HOLY COW!!! Looks like the RATS are starting to abandon the sinking ship!!! A foul breeze is beginning to blow around Knight. Drivers better beware. Sounds like they are cashing out for a reason, maybe they know the company is about to implode.
     
  4. Skunk_Truck_2590

    Skunk_Truck_2590 Road Train Member

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    ROF!!! That was a much needed laugh. That was my highlight for the month. I'll stay tuned for more.

    That's kinda like walking up to a flat bed driver and handing him/her a handfull of seal's and saying "just in case you run out."
     
    Last edited: Apr 30, 2010
    Big Don and southernpride Thank this.
  5. Skunk_Truck_2590

    Skunk_Truck_2590 Road Train Member

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    Look's like there's fixing to be another "Arrow" trick fixing to happen. Only thing is the truck's aren't green and white. They are bailing out alright. Look at how large the share number's being sold are and the price per share hasn't changed much, yet they all sold out in less than a total month's time, in which case most sold out in the same week. Might want to consider tidying your truck up a bit and cleaning off that top bunk if your willing to help just in case their driver's end up stranded everywhere like Arrow. That was some flat out BS Arrow pulled.
     
  6. livinlife

    livinlife Bobtail Member

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    That's just wrong, they shouldnt be allowed to sell it. You are big dog in the company, you keep the shares until you leave, gives you a little more incentive to make sure things don't go south...hmm, maybe thats where Knights big dogs are headed...south, to a warmer climate with no extradition treaty.
     
    JimDucan Thanks this.
  7. 3.14

    3.14 Road Train Member

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    where's that big, blue cheerleader to tell us the hows and the whys with the behind the scenes action at this shady company?
     
    Dna Mach, JimDucan and truckerdave1970 Thank this.
  8. truckerdave1970

    truckerdave1970 On Probation

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    Maybe the big blue cheerleader sold his shares too!
     
  9. 3.14

    3.14 Road Train Member

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    nah, he probably went to snitch on us.....AGAIN.
     
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  10. JimDucan

    JimDucan Medium Load Member

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    I've pulled everything for Knight, P, H, liftgates, flatbeds, and a donkey show, and am completely sick of what the company has become. I blame the people in charge, who instead of putting APU on the truck and taking care of the drivers, they bail themselves out and make it hard on us.

    That's OK, my truck is juiced from the mad doctor and pulls much better at 75 now. It's pretty great that you can slip some cash to the shop workers who are also hard up and get a "legal" large car from Knight.
    :yes2557:
     
  11. ssbowles

    ssbowles Heavy Load Member

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