there are a few major flaws in your theory,...
"both the CEO and the CFO are millionaires and have been buying shares both on the open market and through private placements. So much for trying to milk profits out of this company, the future is too bright"
these individuals were also "millionaires" and told their shareholders that they were buying shares all the way up,...
Enron - Kenneth Lay
WorldCom - Bernard Ebbers
Tyco - Dennis Kozlowski
Aldephia - John Rigas
etc., etc.,.
being a millionaire does not remove anyone from being a crook as lawsuits and judgements against these men proved.