Rambus (RMBS)

[Threejack]

Insider Buy

COB Thomas Bentley buys 20,000 shares with his own money. Pays $4.85-4.90. Credit to fort1v at IV for the find.

http://investor.rambus.com/secfiling.cfm?filingID=1179110-12-7306&CIK=917273

One of my gripes about Rambus management is the lack of personal investment in company shares. It is especially vexing when the stock is trading at near all time lows.

Last year Bentley and Hughes bought 10,000 shares at the market paying just over $10 per share. Last week Bentley buys 20K shares. Either the COB is a dreamer or a dope. Assuming he is not a dope, why is the rest of Rambus management not buying into the dream??? Hughes, where's your buy???

Where's Holt, LaVelle, Rishi, Donnelly, Stark et al???

If Rambus is a viable enterprise with a future, why are its senior managers not buying shares hand over fist with their own money at these market prices???

Hope the new CEO replaces them all if for no other reason than their lack of common sense and inability to seize an opportunity.