RE: More Insider Stock purchasesmarketcall,
I agree with your argument that insiuder buying is a good sign, though I only saw two insiders buy on the open market. The other insiders were granted options, and if I'm not mistaken, this doesn't mean anything until they exercise it. It also isn't a direct sign of their confidence, but merely a means of compensation should they decide to exercise while the SP is higher than the exercise price. When they exercise the options, thats when I'll be watching closely. In the meantime, they merely have stockes 'reserved' the way I see it.
Pls correct me if I'm wrong. The nightshift on the otherhand is a whole different story.
IFC