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Re: xsxs post# 193142

Tuesday, 06/04/2024 10:44:18 AM

Tuesday, June 04, 2024 10:44:18 AM

Post# of 196955
I don't think insider buying is a reliable indicator for the strength\future prospects of a company. Insiders are being compensated via payroll and stock option. Why does anyone think they are going to plow more money into the company? They are in the trenches, most stand to be handsomely rewarded if the stock pops. Most people would want to de-risk a situation which, in this case, would involve diversifying your portfolio. Most insiders may be over-exposed to LWLG with respect to the allocations within their portfolio. Continuing to be over-exposed likely signals their belief in the company but the general public doesn't have a window into their personal finances to confirm if they are already "betting the farm" on LWLG.

Insider buying\selling is a red herring because we have no insight into any persons investment decisions.
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