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Post by JHam on Sept 17, 2014 6:45:16 GMT
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Post by JHam on Oct 2, 2014 0:31:02 GMT
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Post by dayanand33 on Oct 2, 2014 20:26:54 GMT
Its very reassuring when I see insider buys. Improves confidence in the company. At the same time would that mean there is no chance of any good news in the near term. Otherwise it could make a case of insider trading. Isn't it? |
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Post by JHam on Oct 3, 2014 4:07:33 GMT
Its very reassuring when I see insider buys. Improves confidence in the company. At the same time would that mean there is no chance of any good news in the near term. Otherwise it could make a case of insider trading. Isn't it? I have thought about that, but honestly I am not sure. I think one could argue that the amount is so small it could be considered insignificant. I am just not sure what the rule is. You'd think that if they really wanted to buy, they'd buy a lot more. It's almost as though they want to keep it small on purpose, maybe to avoid it being considered insider trading in the event they have good news to report soon. Almost just a simple gesture to shareholders while at the same time trying to help with this up-list transition. I am not expecting any potentially big positive news for at least a month or so from now though. Would that be outside the time frame of what would be considered insider trading? I also would be surprised if Lebovits isn't finished buying yet. |
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Post by lcd on Oct 3, 2014 13:00:23 GMT
I think it would be very unlikely the SEC would initiate an insider trading case against a guy who increased his total holdings by about 5%. That said, I don't foresee any news to cause a huge price spike anytime in the next few weeks but I would love to be proven wrong.
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Post by JHam on Oct 15, 2014 15:12:12 GMT
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