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BREAKING: HCG Director Added 10% Stake at $24

[WBuffett1]

HCG Director, Claude Lamoureux, increased his HCG holding by 10% or 3000 shares last week at $24/share. clearly sees the stock undervalued even after a 70+% run up from the March bottom.

Lamoureux has been buying HCG shares consistently in the last couple of months. He bought about 6000 shares with an average price of $16 prior to this purchase, so he made quite a bit already.

Just a reminder, Claude Lamoureux is a LEGEND in the instituional space. He was the President and CEO of Ontario Teachers' Pension Plan, the largest Canadian pension plan with over $200 billion in assets.

Clear signal of optimism for the company's future performance!

[CanadianKia]

When you're buying at 24 dollars and you're him, you are not expecting to flip this at 26 for a profit. He sees the massive upside on this stock and he is buying in still well below what it can be trading at.  It might be rough right now, but with over 85M shares, the company traded close to 50 if i remember corrrectly. Once the buybacks start again, all they need to do is introduce