Craig C.,
<<Why don't you detail your reasons for believing this. I listened to the call and didn't get the feeling either way.>>
There were several factors that made me think that the possibility of insider buying were higher than normal.
1. The depressed stock price following the conference call.
2. The relative newness of Ken, Steve, and the board members.
3. The conference call itself, where a question about insider buying was raised. (This is the first time I had heard that question asked during an Ancor conference call, although I haven't listened to them all.) I also found the response interesting. It wasn't so much what was said, but rather how it was said that led me to believe that something might happen. Call it a hunch, but I've dealt with people for a long time, and there was something about the answer that made me think that I better watch for signs of insider buying.
4. The unexplained buying that came in soon after the conference call. I wasn't buying at that point, and nobody I knew was buying. Somebody was buying, so it made sense that perhaps some of the insiders were, and the potential was there for other employees, friends, etc. to do the same.
Sorry I can't be more specific, but a lot of little things seemed to add up to the real possibility of insider buying. I have to admit that I was beginning to get a little worried when we didn't see it officially right away, but I suppose forms have to be filed, etc.
Craig |
