$54 MILLION ! Worth of GE stock was purchased a day ago by GE's top exec/Director Mr. Tisch, at approx. $18. Pales "mere" $1 Million bought by CEO Flannery this week (Mr. Tisch is CEO of Loews & also a member of GE's Board of Directors). The news came after market closed 2 days ago.
Very good behavior, from GE's Board of Directors, Iam impressed. It was about time for owners to step in & buy back huge amounts. I wish I could buy that much.... but i only afforded $41K, having bought approx. 2K shares earlier this week.... $54 Million for s single man in this few days - means confidence, perhaps.
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