RE:RE:RE:ShopHello Experienced
I do not doubt you had a bad experience from a past insider trade, however, most studies indicate that insider buying is long term positive. Insider sells are less indicative because of the varying reasons for a sale{ house, education, etc.).
Not only did Toby purchase 10 mollion but most of his mgt team also purchased stock. The disappointing aspect was how little they owned before this purchase. Sure they had options but did not personally buy many shares themselves until now.
Overall very positive. Saying that, I am still voting NO for toby's 40% ownership stake amendment. I do not see how blocking any future takeover is beneficial to shareholders.