Ok, recently seven insiders spent their own personal cash (550k shares)to invest in RSH. Why did they do this?
A: These insiders are nowhere near as smart or well informed about the future of the company as the former RSH employees who continually post here predicting the inevitable bankruptcy of this company.
B: Insiders like losing their own cash.
C: They know the stock price is going to go up.
Hmmm.. ever play the 'which is more likely' game?
There is a fourth choice, choice D.
Okay management/board members, we've got a difficult time ahead of us, but there is one way we can all show unified strength here. Lets send a positive signal to the market. I want you all to purchase stock to make a strong impression on our investors. Here's how many shares I want you to purchase (note the nice round numbers?) I don't care if you are losing money on the deal, consider this investment a requirement for being here. Have a nice day. (Disclaimer note: I have no direct knowledge that such a conversation ever actually took place... But it sure seems like it from this view point..Look at management purchases in other companies.. they never happen on the same day as this 26 Jul 2012 and rarely happen in round numbers like this...)
So which is more likely?
And 'for me to know'.. why the need to keep bumping this thread?
I believe that RSH stock will go up and that is why I am in this ! How much can I lose ? If this company is going belly up , I will loose 1000 and it is OK ! In my opinion , we must buy low and sell High , do not wait untill the price go up ... C --- is the correct answer to this Q !
When they are buying , then you should buy too , that is the idea of playing the market ! When they are selling , you should be selling with them ! I have invested some money in RSH and I am sure that this company will come out of this and become a winner !
Try to understand ! We are outsiders and we want to sell our stock to insiders so they can buy stock
cheap !!!! Insiders are going to rise the price of RSH and make good profits !!! Please sell your RSH stock now !!! They need your stock !!!!