RE:RE:RE:Theralase Insider BuyingValid question Legit as to why you own more shares than Dr. Mandel. The only thing I can come up with is on the other hand why does Roger, with over 8 mil shares, keep buying? My conclusion is that everyone has their own comfort level when it comes to investing regardless of their certainty of success.
Maybe Dr. Mandel is a buy and hold for the final payday type. I know for myself I have bought more than I'll ever need but I also know that I will feel the urge to take some profit long before what seems would be a buyout at some point. You need real discipline to have a smaller position but hold the entire thing until it's 'final' conclusion to max your profit. Dr. Mandel having that discipline wouldn't surprise me.
I'm just guessing but I have had the same thoughts.
Legit62 wrote: CancerSlayer, i have been watching those insider buys which come at every legal point they can grab them, and Roger and Kristina are using substantial amounts of their own money for these buys, and now Mandel gets in the act. No sane individual would invest that kind of money into a company that wasnt going to be a significant player in near future. The only surprise for me has been why do i own 10 times the shares of Mandel?? hope my reasoning has been right with Roger and Kristinas buys cause im following suit again this week coming up> Have agreat weekend all