Probably means it's relatively safe to buy around $4.60.
But I probably can make more money on HTCH and EMMS and TA, over the intermediate to long term.
Decherd is running this thing as alternately a public trust, and a personal "mission" company, not intended to make a decent return on assets, equity, or invested capital. I personally find it immoral...because he's basically using the shareholders' money, for his own messianic purposes.
Relatively safe? That's an understatement! Ask yourself why he would step forward NOW to pay over $4.50 when he was NOT buying while the share price sagged below $4? The answer: he sees favorable trends in the business that are not so specific as to constitute "inside information" that would prevent him from buying. Those Class A shares that he bought are of practically no use whatsoever to him for the purpose of maintaining control.