Previous posts have detailed the remarkable insider buying.1. But also note this: CEO Richard Rudman also exercised 48,629 options on March 30th 2012. Most CEO's would be satisfied with the conversion of 48,629 options at $13.25. With a current price of $16.10, that would net 138k of pure profit for no extra work. Here's the link:http://sec.gov/Archives/edgar/data/1329919/000120919112020844/xslF345X03/doc4.xmlBut Rudman then proceeded to purchase on the open market $900k more. Here's that link:http://sec.gov/Archives/edgar/data/1329919/000120919112026106/xslF345X03/doc4.xml2. Also quite telling is the rare purchase by a CFO. Few buy on the open market. Most just flip their options. They tend to be very conservative people, having come up through finance and accounting. But recently, Stephen Vintz the CFO of Vocus brought 15,000 shares also on the open market. Here's that link:http://sec.gov/Archives/edgar/data/1329919/000120919112026107/xslF345X03/doc4.xmlThese guys can't get enough.And they can't sell a share for 6 months. Yet they locked up so much of their own wealth in the same company they also work for. A very un-conservative play by C-level execs.Amazing.
agree.. this going much higher.. why insiders going to purchase this much shares if they are not confident.. I am looking for 23$+ by next earnings.. good luck
I bought today at $16.10 and see a bump up tomorrow with the Baird Growth Conference presentation as an additional catalyst.
Yes I do notice it. Here this link has the details.http://www.insidercow.com/history/company.jsp?company=VOCS