You sure bout that?
“I found out this morning, AFTER my not to trust post, that the CEO had been buying quite a few shares around $13 a few weeks ago.”
Two days ago you said: “… and insiders were buying at $12+ only a few weeks ago.”
To be accurate, the CEO net sold a lot more than he bought (to cover taxes I believe on zero cost options). And his sells were below his recent one time buy a bit under $13.
All IMO.
PS- several of us here have made six figures on stocks that traded maybe $10k-$20k a day or less previously (I’m not alone). You just have to do more homework than guessing at a fwd PE and project a growth rate.
I don't mind stealing bread from the mouths of decadence... But I can't feed on the powerless when my cup's already overfilled.
-Temple of the Dog