Upon a little closer inspection...it looks like there was also a purchase of another very recent 20,000 total shares bought in 3 transactions by Terrance Jacobs at a little more than $34 for each.
when you add the purchases of today by Linn insiders to the three from about last few weeks... 6/03 & 5/14
looks like a bit less than double that $ value mentioned above
I like to see taht statement of confidence. Those are not token purchases. I hope this starts a huge short squeeze rally that might not actually get going good until next week or they have more news on the merger status but it is a better way to end the week.
Whoo boy. I don't disagree, but in general sometimes insiders can be extremely stupid. Just look at what happened at ATPG, an outside director, very savvy guy, dumped a couple million (around there) into the common and . . . oops. Figures he wouldn't have known better, but he didn't. True believers often turn out to be blind.
I did not know that you can actually get that info on the same day.....you can also see the time of the trade
2013-06-14 15:13:19 ......was the 10K shares trade bought by Mr Ellis....is that what you see also?