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Re: alertmeipp post# 13464

Saturday, 11/10/2007 1:39:30 PM

Saturday, November 10, 2007 1:39:30 PM

Post# of 57738
Alertmeipp - my main point wasn't the lottery ticket / luck aspect of it, it was that a $20k purchase by someone with a sizable portfolio (and I have no idea whether Coleman has one or not - but based on his age and employment history I'd guess he has done very well) is not nearly as significant as a small investor making a $20k investment.

If his wealth is 20x mine, then his investment of $20k is equivalent to me investing $1k.

IMO people make way too much of insider purchases, but all in all I agree it's a good sign and certainly better than no insider purchase.

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