With GUMM starting to launch a new product, I would prefer myself to see the insiders put some money on the line.
So would I....However, two factors are at work here....The pay scale at GUMM is miniscule, hence it is problematic to buy on the open market (notwithstanding the CFO did buy some shares)...the other issue is that Kehoe and others are recipients of stock options. I think, if you can research this several years, that Kehoe purchased 80,000 shares on the open market and has not sold any...He might feel that, his options, and his life's work are enough....
I cannot speak for any of the others, but in my sizing up of Kehoe, I find him devoid of greed and much more motivated by his work....he does, after all, have several patents (obtained when he worked at Nabisco) and I would guess his own personal finances are not modest....but conservative! |
