RE:RE Re Insider BuyingBe careful with using insider buying as a gauge of a bottom or undervalued stock. It works well under "normal" market conditions when an individual company has been hit hard while the industry itself is positive. Such as when Paul was buying ahead and during his taking over of the company.
In a period such as now with oil sliding, insiders do not know any more than we do about where oil will end up. If oil goes to $45 these guys will all have big losses in their holdings becaue the stock will go down further. Insiders are often clueless when it comes to geopolitical factors that are driving the price of oil down and they tend to be overly optimistic about their own companies. Tread carefully.