NBS 0.00% 9.9¢ nationwide building society.

director buying- be careful..., page-7

  1. TBE
    3,734 Posts.
    you seem certain chopcity.
    Why don't you tell us what you know?

    The company has been a dismal failure at delivering commercial results and returns to shareholders.

    Management and directors have proven themselves to be very poor investors, having "bought" shares all the way down to 8 cents.

    Given the clear downward direction of the SP, I can only guess the reasons why they are so cavalier with their money because they look a million miles away from delivering a profit.

    I suspect the directors and management are not buying with their own money, though I have no way of proving this of course.
 
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