RE:Total amount of insider buying $38,000I must clarify the Dumpster's previous post for any ATE investors or those considering buying ATE stock.
There was
NO insider buying of ATE stock as the Dumpster has erroneously stated. The SEDI filings for ATE show the vesting of RSUs by management and the subsequent transfer of those shares to the owner. This is a standard compensation practice for a publicly traded company.
Since the vested RSUs have been transferred to insiders they must be publicly reported. The price listed is the FMV (Fair Market Value) assigned once they have vested.
These transactions in no way show an insiders commitment to the company as it is merely another form of executive compensation unlike a "Public Market Buy" which is a true Insider Purchase of stock.
Don't be misled by the Dumpster's misinformation, he is just trying to pump up the stock so he can flip you his shares.
Duster340 wrote: since jan/11
name # of shares price total
R Flower 13,333 @59 $7,866
Y. Wu 13,333 @59 $7,866
R. Hoffman 11,667 @59 $6,884
J. Mcnealy 11,667 @59 $6,884
J. Stauffer 16,667 @51 $8,500
TOTAL $38,000 Canadian
i have slowly been adding more over the last 2 weeks. i think a lot of people are sleeping on this one. could be more insider buying on the way. if there is i will post it
glta