Insider buying/selling The market always considers insider buying as a sign of confidence in the company. LGO has been traded below book value for almost 9 months to be at the current low C$2. Insiders have unique insights into their own companies so when they believe that investors aren’t valuing shares properly it’s normal that they are buying. The fact that none of Largo's insiders is buying when LGO is at below book value (never mind at historical low) for such a long period speaks volumes.