OTCQX:MRVFF - Post by User
Comment by
UglyKidStockon Mar 28, 2020 11:46am
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Post# 30855873
RE:Insider buying continues
RE:Insider buying continuesOf all of the stock bargains available in the market after this crash NRI insiders have bought their companies stock. 80,000 shares since earnings report. Not a ton of money but a significant number of the total volume of the last 30 days. What gives? Buyout? Or just trying to prop up employee moral? This is a sudden change in behavior as insider buying for this stick in the past was extremely rare. They have been granted options recently but this is direct purchases. I could understand it if it was dispotions but as cash acquisitions ? They could be spending their personal money on quality discounted blue chip companies as a hedge to NRI stock options owned. . What does this look behind the curtain reveal? It has to have its roots in some form of motivation. What do the boards collective brains say?