David Nichols a director and he recently purchaed 6500 shares. Of course Zacks continues to sell, but we suspect why he is. I think it was Peter Lynch who said insiders sell for many reasons but they only BUY for one reason. I wonder what David Nichols actually does for DFZ?
Ok, he is on the board of directors. David L. Nichols, 66 Member Audit Committee, Compensation Committee and Nominating & Governance Committee Former President, Macy's Central Division, Federated Department Stores Director since 2005; term expires in 2010
Well, it aint a bad thing to have a BoD member buying the stock.