RE:More Insider Buying this time by Zeeshan SaeedDavidRosenberg wrote:
Care to comment?
Hmmmmm
Why are you asking? ;
No idea why they bought, but you could ask them, since you are on the inside-from all accounts
Maybe it was a move of desperation to give a positive signal to the street-after all no one cares about FSD-the volume is minimal on a daily basis
From my perspective, it doesn’t matter one iota.
The size of the purchase is inconsequential especially considering the payments (millions by some accounts) insiders have taken
Its almost like tipping the waiter at a bar you own.
Here are some recent payments to insiders from SEDAR
“Salaries, wages and benefits expenses decreased from $718,349 to $502,488 or 30% and increased from $1,683,037 to $2,170,886 or 29% for the three and nine months ended September 30, 2021, respectively, compared to the equivalent periods in the prior year.”
“Share-based payments decreased from $5,168,434 to $249,192 and decreased from $7,836,756 to $7,102,363 for the three and nine months ended September 30, 2021, respectively, compared to the equivalent periods in the prior year.