RE:RE:RE:RE:RE:RE:ALERTS - Insiders buying large like CEO Kanaan
No - that is not what I'm saying. What I am saying is when management already owns 70% of a company - and starts gobbling up the remaining open interest by those shorting the stock - you will inevitably get into a situation where there are no more sellers (shorts are out of the market) and those that remain are buyers or longs that have no intention of selling at these prices...which will force buyers to buy up at higher prices. It's simply supply and demand....in the absence of news - I don't really know what you mean by merit based recovery other than it's been well publicized by the so called "experts" on BNN, etc - that the stock was way oversold.... and as of today - the price has recovered by 50% from it's low of $0.57...