RE:RE:RE:RE:CEO and top executives should buy millions in open marketIf VET executives have complete confidence in VET’s survival then these share prices are a steal. They would be fools to turn down what would be a once in a lifetime opportunity...unless it’s not.
Diversification be damned if you have essentially a sure thing...unless it’s not. And try telling the two richest men in the world about the need for diversification. Bezos and Buffett both own just one stock, not because they’re lucky fools but because they knew they had essentially sure things.
JMHO. GLTA.
Moemoney42 wrote: I disagree completely... in Marino's case 85% fo his compensation is in shares... why, as all investment advisors preach of diversification, would he commit more of his compensation than already goes to shares... and the vesting price of those shares could be alot less than the issue price as dictated lately by the carnage in the markets... he may not have millions of dollars to invest, and I'm sure he understands the potential for value increase, which he will partake in once the markets realize the sun will come up tomorrow and the next day... and things will at some point normalize... Moe $$
WheresMeGold wrote: Absolutely I would like to see VET executives, as well as executives at many other companies, have more skin in the game. I bet there are many people on the message board who have lost more personal wealth on VET as a percentage of their total wealth than many top executives at VET.
But it’s not simply about enough skin in the game. No one should no better than VET executives on the value or lack of value of VET shares. At these extreme prices VET executives could opening and in a completely transparent manner buy millions of shares in the open market. It could make them tens of millions of $$$ and good for them. What an opportunity for them!!! It would also convey tremendous confidence in the company.
Let’s see what happens. If VET has a bright future then I wouldn’t expect VET executives to chance waiting much longer. JMHO. GLTA.
Moemoney42 wrote: So the fact that ~85% of his compensation isn't enough for you to understand he's got ALOT of skin in the game...!!! Come on man..! Get real..! Moe $$
WheresMeGold wrote: Imo the CEO of VET, as well as other top executives, should all buy millions is shares in the open market if they want to convey real confidence. I would love to see this as nothing could convey better to the investment community that VET shares are grossly underpriced.
Unfortunately I’m not holding my breath for this to happen. JMHO. GLTA.