Jeff,
1) Remember the insider buying that did take place was a record for xicor
2) I think most of the vp's have options with very low strike prices, so why should they put their own money at risk, when they will make a bundle as it is
3) I have not done a detail study on this, but I think you will not find a lot of semi companies where the insider buying is that significant, because of the amount of options employees get
4) We don't know how many of the non-officer employees have bought stock. This is the real loophole in the SEC insider trading rules. A lot of employees who are not subject to the insider trading rules, have access to information that is very significant. And believe me they trade on it and pass it on their friends.
I hear you, the more insider buying the better. However, I would not focus too much on this. Remember, the last time the stock went from $2 to $14, there was NO insider buying. |
