A little sense? You think because someone owns a lot of the stock they have some special knowledge, even more than people who run the company day to day? I can show you 13d owners in quite a few companies that had their heads handed to them with purchases that look exactly like Douglas'. Go look up what Sumner Redstone did at Midway, Greek Investments with Pacific Sunwear, Wilbur Ross and Exco.
This company is in deep trouble right now. My view is that they are going to need to do some kind of financing deal because they are going to have liquidity issues within the next 6 to 9 months, if not sooner. Where is the money going to come? They will need to sell more shares (not a good option with stock at the current level), issue debt (with current troubles will have to pay a pretty high rate), or sell assets (this has been mentioned - but will someone pay top dollar knowing that the company is desperate)?
Again, let management and all the directors open their wallets and put their money where their mouths are. If they can't do that, not even coughing up enough to purchase 5000 shares a piece at the current price, why should anyone else want to buy with their own money?
I assure you, Douglas doesn't know what's going on better than senior management. You use a little sense.
I have no position currently, do not short, am not a troll - I follow insider transactions looking to buy. I want to buy, but Douglas alone won't get my money on the table.