RE:RE:Insider buys 50,000 sharesWhen insiders buy, that means nothing is happening for a very long time if anything does.
It is a good sign. But don't hold your breath thinking the share price is going to sky rocket so you can dump your shares.
You guys should just go back to discussing dreams about offshore drilling again. That was interesting.
Let the market decide what the company is worth, not lies and pumping dreams...
DocPat wrote:
Interesting .. and that's in addition to the shares bought this year already. Pretty sure Claudio Ghersinich or one of the other insider bought 6,000,000 shares back a few months ago before the consolidation?? .. that would be 240,000 shares today .. And that is in addition to the shares he has owned since inception. Does anyone have that number at their finger tips? CG isn't dumb, if he's buyin' I'm glad I'm long on the stock :) Good Luck to Longs! :) Doc.