RE:Crew President Purchases 100,000 Shares 1) He is sending a message to investors that although he has no news yet, he anticipates that there will be positive developments for Crew shortly, that will enhance shareholder value. This would equate to sending shareholders a strong buy or hold signal.
2) He is taking advantage of the period before he can't trade the stock again to increase his holdings by 100,000 shares.
3) It's summer and he is bored and he had no other place to park $43,000.
4) He is buying as many shares as possible on the public market before he takes it private.(GONATGO)