I agree..Charlie Maxwell is one of the best energy analysis in the country. I didn't see this kind of volume in the open market. Wonder where he bought the stock. Need to get this puppy back up to the $3 area, maybe this will help.
I wonder how he bought the stock for $1.50 on 3/22 when the stock price never broke $1.70 that day. Looks like some 'Good Old Boy' special treatment going on. It would be ethical for such a special common stock purchase deal to be first offered to non-Officer/Director shareholders.
A reputable public company would at least put out a press release making a detailed statement (not that I'd trust what it would state in this particular case). Probably best to stay away from this one for now.
My agreement is with the first post, that this buy is a good sign. I believe that the lack luster market this stock has had, is a sign that the jury is still out on the whole business concept. Charlie's buy seems to reflect that he believes the concept is sound.