Post by
harrywoo on Dec 20, 2016 9:47am
More Insider Buying
Now we are seeing the insiders load up, taking advantage of December tax-loss selling. Robert Weir, Kevin Overstrum and John Chambers each bought 50,000 shares on December 15th, at $4.10, and Trent Boehm bought 87,000 on the same date and price. I think two of these guys were FirstEnergy employees before the merger, and two were GMP. These are smart guys and collectively they just put down almost $1mm. They know that they are getting in at a great price.