Company CEO purchased almost $200K worth shares from open market. Interested can check at -www.prontosec.com/secdata/companyReportsSearchPage.htm?issuerSymbol=CIM
For those who are crying that almost half a million shares is not enough.. at least insiders are BUYING and NOT SELLING.geez..
Lambiase only owns 422K shares. A fraction of one year's income. Now if he added a million shares, that would be meaningful..
So what? He didn't use his own money you know. It's not like you and I forking over to invest in this. Also if you track that buy you will see it unwound later. It's a nice tax loophole too.It's no sacrifice. And Wall Street ignores that.Has zero impact on share price or payout.Not only that but the amount is really small relatively speaking.Now if he had purchased 200 million worth then that's more noteworthy. Anything under a million isn't even a blip on the radar.If you could look real-time when the trade was executed you would see almost zero impact.
Thats correct thats teet money to these guys, means nothing.
Right, also bought 209k on 2-17-11 & 200k on 11-12-10. Looks like Lambiase is loading up the wagon.