shannonjc I doubt directors of ABC were buying the stock prior to its collapse? correct me if wrong
There has to be a good reason why directors are buying stock, clearly they feel bullish on the outlook (perhaps future annc?) ,
Generally speaking Ii also believe that directors tend to hold long term since any short term selling of those 6-7c for a quick profit tends to send a negative message to the market in my opinion.
i dont know too many people who will buy $30k to $100k of stock just for the fun of it.
time will tell.......
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