$ASTI(575.SI)$ If I didn't calculate wrongly, one of the directors bought in at 9.5 cents. If an insider bought a few hundred thousand dollars of his own company stocks at today's price then he must have a lot of faith in the prospects of his company moving forward. I believe that when an insider is putting big money into his company, it signals confidence that their future balance sheets will be improving by leaps. I mean if I had a few hundred thousand, I probably would have bought bank shares or other blue chips but he bought his own company shares at today's peak. I'm quite certain that ASTI will do really well in days ahead so I'm also joining in the fun.
Comments