Globalstar Inc (GSAT)

[pinoleropuro]

insider transactions
I was checking to see what insider transaction there were and this is what I find;

Date Name/Position Transaction Shares PriceRange ($) Shares Held
Value

12/13/13 Clary RebeccaOfficer Award of Options 3,808 0.000 – 0.000 49,552 $0.0
11/20/13 Ponder L Barbee Iv
General Counsel Sale 80,000 1.60 – 1.60 19,644 $128.0 K
11/19/13 Monroe James iii
Chief Executive Officer Purchase 47,318,500 1.46 – 1.46 279,695,000 $69.0 M

with a high price target of $6/share and a $4ish mid range price target, I wonder why more aren't doing insider buying.

the company looks solid enough to meet at least the $4ish price target easy.

thoughts?

thanks in advance.