Quote:
Originally Posted by lamboguy
i got no idea. but what i think is that these guys should know more than me about their own company.
there are plenty that i have been posting here that the CEO has paid more than the stock is going for now... my best example is SOFi which i am in @ $5.81. the CEO bought in over $7. stock now $5.40. i have only paid that stock long so far. i missed getting more shares by a penny a few days ago.
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All I can think of is that these CEO's are buy the dip thinking its bottom...from prior lows
Theres 2 options.....
It dips lower so they buy again....averaging out
or it goes up and they are winners...
