smart move.. my professional advice is be careful buying back in. buy slowly over many days / weeks / months so you get a fair average.. that is my usual strategy.. i may start buying back in slowly today... i will be very small buys though
I sold my small position, too. Then, maybe seller's remorse because it got snapped up at the ask in two seconds. Oh well, 80% gain in three months. Too many times I held too long, example BRCD which I always seem to misplay but escape with my skin.
Also, I sold before the news about insiders buying more. I agree with the other guy that some kind of pullback may be imminent if for no other reason the chart, but I could be wrong. The chart screams overbought, but insiders are buying, presumably on the open market.
Are we sure these are not options being exercised? I honestly didn't check for Form 4's.