So far, shares have shed a third of their value this year. What should it mean now that the CEO bought over $500,000 in stock in the open market? Is this how they try to restore trust? Should this encourage us to buy as much stock as we can now that the price is low? It is unlikely that I will buy more for now.
1 reply
If you don’t want to sell yet, just sit tight. From shareholders point of view a stock buyback could be a good move.