RE:RE:RE:RE:Q: Why are not insiders buying at this price point?Lol it's no surprise inameeting wouldn't understand . I did t come up with "best possible options " lol, but rather merely listed all of them (from no money, to not wanting too, to not being able too)
Yes of course it's irrelevant for numerous reasons chief amongst them being asking the wrong people (the board instead of those insiders). Also the market is separate than the company. Why not ask why they haven't been selling many/any? If the reason for not buying is doom and gloom why hold on to any? In fact , speaking of relevant questions, why are the doom and gloom naysayers still here? That's the much better and relevant question (see how that works?) . Good grief .
Im no insider, but I have a very simple reason . Discipline. The market itself makes no sense to me: I'd rather invest in associates businesses. Since those opportunities aren't as plentiful, I'm left to invest in the stock market. So when I started I made unbreakable rules about how much if my income I could spend in the market (I have many other savings/best egg streams). So screaming deal or not I don't spend more money on market than originally decided. If the rest of the market wasn't so brutal I would gladly sell some of my other stocks to pick more up here. Those imo will also do great so not selling them cheaply just hoping to make more here when I also already have a boatload of shares here at a good average (just over $0.05). See? There's many reasons why one would or wouldn't buy more of any particular stock regardless of their feelings in the short/mid term. That's why it's an irrelevant question.