Pattern says, they know when its cheap and they are buying now. EOS
21,000 Dec 19 07:49 PM
Marchesi Vincent T Director Dec 18 Buy 4.82 1,500 7,230 19,500 Dec 19 07:49 PM
Marchesi Vincent T Director Dec 17 Buy 4.70 3,000 14,093 18,000 Dec 19 07:49 PM
Schwab Gisela EVP and Chief Medical Officer Dec 10 Buy 4.39 25,000 109,750 56,874 Dec 10 08:25 PM
They are certainly a strong vote of confidence from someone, in theory, that knows much more about the company than a retail investor. In reality I've been at companies where CFOs and Presidents bought stock that never panned out over time. In summary, insider buys are usually a strong clue that the company has a bright future, but like anything else, there are no guarantees.