I'm not sure it's common practice among CEO's and other upper mgt folks to buy their company's stock on the open market. More often than not, they are awarded options or other stock incentives as rewards tied to company performance. I think SK has enough interest in CYTR, both literally and figuratively, that he would like to retire richer, with some sort of legacy besides the sorry excuse for the one he currently has! ;p Besides if SK started buying shares now, it might be considered insider trading if the pps suddenly started going up. So it really doesn't concern me, but that's just my opinion.
Time for some college football. Neither I or anybody else hit the Mega Millions jackpot last night, so now it's up to $1.6 BILLION!! Amazing! I'm gonna sacrifice 5-10 CYTR shares, get me some more tickets and see if I can win so I can buy controlling interest in the company! Better chance that Tennessee will beat Alabama today in Knoxville, or CYTR to hit $300/share than me hitting that jackpot! LOL!!
Enjoy the rest of your weekend and we'll what happens next week. GLTA/CYTR!
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