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Xerox Corporation Message Board

  • hookemup07 hookemup07 Jan 18, 2013 9:06 AM Flag

    Very encouraging news for longs

    Earlier this week, nine company insiders each bought 8856 shares Xerox shares at $7.34. It's always nice to see those who are involved in the day-to-day operations of a company and those who set on the Board to join with shareholders in investing their own money in the company's future. It's especially encouraging to shareholders as these insiders are probably privy to information about the prospects of the company that makes them willing to invest their on money.

    This insider buying occurs every six months or so (July and January) and has resulted in company insiders acquiring a sizable portion of stock in the company. Check out "Insider Roster" if you're interested. Having a monetary stake in a company makes board members more serious about their board responsibilities and company executives more diligent about their job performance. Can't help but be a plus for shareholders.

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