after next earnings report. OVTI will crush all doubt and will again exceed estimates and up guidance. It'll be above $30 and move to another level 40-50s. OVTI is the safest bet out there. PE 36. growth in the 100% range. High demand product, good supply chain. Leader in the market. 200 million in cash, no debt, over 100 million a quarter in rev and lots of profits and only 1.3 billion market cap!!
"why are the insiders selling at today's discounted price"
I have other questions: why does Dong Qi still own 52,000 shares? Why does Ray Wu still own 500,000 shares? Why does He Xinping still own 425,000 shares? And, most importantly, why does CEO Hong Show still own 2 MILLION shares?????????? Gee, it sounds like they may know something about the extremely positive future of their company!!
Don't panic because these guys are diversifying. They are just being smart. If they sold all of their shares, I would be concerned. Obviously this is not the case.