It does work that way if you know or think good things are going to happen and want to make sure you are not hammered for buying stock prior to good news but no way they will catch hell now for buying in front of bad news which each and every officer I guarantee knew bad news was going to be released. I think it would look like hell for the officers to have stepped up and bought today. That might have drew the eyes of the SEC but now if they have good news then they can say they didn't know it and bought prior to this unexpected bad news, which is bull shit.
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