Bruce Edwards purchased 2000 shares yesterday at $1.48/share.
Small potatoes, but it is something.
Why would a director (who probably makes $150k/year or so) even bother buying just $3000 worth of stock?
To be fair, they might have a min ownership amount to be on the board. One of the boards I'm on we have to buy stock worth 10% of our board compensation each year. Its a smart move as it keeps board members somewhat invested in the company.
look at the last three years insider buying.....it's all buying....no sales. And 99% of those buys are at much higher prices than today's pps
"look at the last three years insider buying.....it's all buying....no sales"
No sales huh. You think that might because the stock price has done nothing but gone down. I think insiders selling at a lose would probably send a bad message :)
Also, most all options out there have strike prices above the current share price - they are worth absolutely nothing unless the share price goes higher.