Friday, March 28, 2014 9:59:43 PM
http://finance.yahoo.com/q/it?s=LQMT+Insider+Transactions
If indeed this is 2/3 of Bromage ownership, then he is "insignificant" in any kind of sense.
We need to be careful about the word "insider" for a company of 19 employees.
Outside of Chairman and CEO, most of the so called VP (of 1) has no significant impact. It reflects in their compensation package. In a decent size company, they merely carry the responsibility and compensation of a line manager.
How does LQMT insider trading affect stock price?
Look at the last 2 years. Only Abdi has any significant transaction with 10+ m shares purchase in Feb 2013. If one look back in stock price in that period, it hardly moved the needle.
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