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Posted On: 01/03/2020 2:54:38 PM
Post# of 7802
Re: Coat Tail Rider #5589
When insiders are ONLY interested in discounts, it speaks volumes and shows a huge lack of confidence.
By contrast, Cassava Sciences is up over 3 bucks today. It's been on a tear. Over the last few weeks insiders have bought 100's of thousands of shares in the open market and the stock has run up from around $2 to over $10.
https://www.sec.gov/cgi-bin/own-disp?action=g...0001069530
Insiders, especially BOD members, should lead by example.
Why am I not surprised by your question?
By contrast, Cassava Sciences is up over 3 bucks today. It's been on a tear. Over the last few weeks insiders have bought 100's of thousands of shares in the open market and the stock has run up from around $2 to over $10.
https://www.sec.gov/cgi-bin/own-disp?action=g...0001069530
Insiders, especially BOD members, should lead by example.
Quote:
Why would an investor buy on the open market when they can get discounted shares direct from the company?
Why am I not surprised by your question?
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