Insider Buying at $1.73I am going to go out on a limb and bet that the insiders buying at $1.73 did not consult a magic 8-ball... did not roll a dice... did not consult with their wife's hairdresses best-friend once removed from their 1st cousin prior to buying all those shares.
I am going to also guess that some of those shares he bought came from someone who was at their wits end and emotionally traded out at a loss... to an insider... of all people (that's embrassing)... you know you messed up when you sell at a loss and an Insider bought your shares.
For those who have not researched it then I suggest you should.. Google things like "is buying when insiders buy a good trading strategy".
The market will set the price so always try for the lows, especially if you are adding to average down and consider partial trades for starting new positions. Invest NO MORE than the amount that will not cause you to have an emotional breakdown.
Insider trading information can be accessed through the top menu of StockHouse under Insiders
All the best
Q