they seldom 'buy' - and why would they when they get their shares for free.
There was some "for show' small buys last January - prior to that, many insiders held no personal direct ownership. Simple Simon invested about $100,000 last January - pretty small change for a guy who takes home $30 million OUT of the company.
If insiders don't show confidence in the company they are compensated to run by risking their own cash - why should the average Joe investor?
The latest insider transaction were 'Sells' to pay their taxes on the free options.
Comment by
DuDliedingleon Jul 23, 2024 12:43pm 21 Views
Post# 36144526
RE:Earnings Report
Duster340 wrote:here is a big clue. ZERO insider buying at these low, low levels. if there was a turn around in the company you can bet insiders would have been loading up, unfortunatley not the case.
glta
Please, you have come out with declining revenue and now no insider buying. Really who cares if the insiders are buying or not. This company has too many different moving parts to have concern if insiders are buying. Become a well informed investor before spewing poor information.