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Bullboard - Stock Discussion Forum Indigo Books & Music Inc T.IDG

Indigo Books & Music Inc. is a Canada-based book and lifestyle retailer. The Company is engaged in offering an assortment of books, gifts, home, wellness, fashion, paper, baby, and kid’s products. The Company operates retail stores in all ten provinces and one territory in Canada, and also has retail operations in the United States through a wholly owned subsidiary, operating one retail store... see more

TSX:IDG - Post Discussion

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Post by oceaneleven on Aug 13, 2020 8:39am

Sweet!!

Huge huge buy from CEO Heather!!!!!
Comment by TheNextBigThing on Aug 13, 2020 12:05pm
That was a lot of shares she bought within two days. I wonder what caused the sense of urgency to buy. She definitely pushed up the price instead of trying to patiently buy shares at a lower cost over the next week or two. 
Comment by Tryingtomakeit on Aug 13, 2020 12:06pm
  buy low sell high that's what caused her to buy. 
Comment by TheNextBigThing on Aug 13, 2020 12:15pm
She paid an average of $2.5 on the most recent filing. I still think this is going higher then that, but I wonder if there was an upcoming blackout or reason she couldn't buy slowly and for a lower acb that forced her to have likely bid this up to the highs on Monday to get her fill. 
Comment by InvestorRights on Aug 13, 2020 12:17pm
Once the financials were out and the blackout period was over for insiders to buy, she pulled the trigger knowing good things lie ahead! The CEO and here husban are not dummies! I would not bet against them! All one needs to do is look at their buying history, it is well above current levels. This stock is tightly held and can go parabolic at any moment, her recent buys took that much more out of ...more  
Comment by wheeloffortune on Aug 13, 2020 4:59pm
This is what she bought Monday & Tuesday (Just under $1m worth):  Filing Date Transaction Date Insider Name Ownership Type Securities Nature of transaction Volume or Value Price Aug 12/20 Aug 11/20 Reisman, Heather M. Indirect Ownership Common Shares ...more  
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