Would somebody please wake me up when factual links are provided to support such claims. The casual reader might want to take note that none of this ever happened.
Let's think about your insider open market purchase theory a little bit by way of comparison - Jamie Dimon makes $30 million per year and was recently lauded for investing $27 million of his own money to show insider faith in JPM. Problem is it looks more like an insurance policy premium to save his annual $30 million in compensation into perpetuity. By the way, a US Senate report published in March 2013 after 9 months of investigation indicated that Dimon misled investors and regulators in as losses rose dangerously to $6.2 billion on a “monstrous” derivatives bet made by the "London Whale"
Sure is nice to keep your $30 million in annual compensation partly due to proping up the stock by showing his support with a $27 million investment. Sounds like a good bet to me particularly when guys like you indicate buying shares of your company its essential to show belief in the company.