Barker on the Lorberbaum Family’s 10b5-1 Plan & the Market
March 16, 2006—Mike Barker, Investment & Retirement Management discusses the Lorberbaum family group, which is headed by Jeff Lorberbaum, and their plan to sell some of their share in the company via a rule 10b5-1 trading plan. Barker also talks about what’s behind the 'up' state of the market this week and why the market has appeared to forget about the Fed. Barker also looks at the affects of this week’s economic reports and especially the housing start numbers and rising energy prices on the market.