RE:RE:RE:Two negatives...hawkowl1 wrote: I am aware of Trust and Chairman.
My point is the people running the company dont have enough faith to buy their stock in open market like I do. They rely on options,rights etc..
Its a good thing a U.S.A based trust has taken an interest .
Based on what I see and last quarters results this security is seriously mispriced..
There are many reasons other than not having enough faith. I've been an insider and bought stock in the past. I would never do it again. It's really complicated as you have all the blackout periods. It's also very frustrating, as your inside knowledge might tell you things are going extremely well, yet the shares go down. Then you want to buy a house, you have to sell at a loss when the share price is really disconnected, cause that's the only time you'll be able to do it before the next blackout and when you need the money. Worse, some people will say you sold because it's not going well when it's totally unrelated. Then, your financial advisor will let you think about how sane it is to both work at the place and have all your savings there. What if you move to another company? What do you do, liquidate even though you know the shares are underpriced? Keep the shares despite moving on? What if they fire you, do you want to hold the shares even if you think it's a fine investment?
All in all, holding stock as an insider is a pain in the a. You're better off making a lower return without all the restrictions and problems related to being one. I applaud those who still go that route, but if I was an insider once again, I wouldn't buy the stock even if I thought it would go 10x, just due to the complications associated with it.