RE:RE:RE:RE:RE:RE:RE:RE:NEWSHmm, I interpret this differently. For the insider to want to exercise the options they must be in the money, which means the strike price, the price at which the investor buys the shares at, must be lower then the SP at time of exercising it. For example the SP price may have been 1.50 and the investor had options to purchase stocks at 1.40.
To me, this indicates that the insider trader feels that the stock will likely go up because otherwise they would not exercise the 1.30 options and instead wait until the price went lower, for example to 1.00, 1.10, or 1.20 and buy the shares then.
This is my interpretation without all the facts, like strike price. If the strike price was super low, then it might not mean much. For example if the strike price that the insiders had were 1.10, who wouldn’t exercise them? Even if you were super bearish, you exercise them and then sell them immediately. Since there was no sales shown by insiders, I think it is safe to say they are not feeling bearish. This still leaves neutral, somewhat bullish and bullish.