Everyone should be extremely skeptical about the meaning of "buying". While selling is selling, buying generally includes, and therefore is completely dominated by, receiving stock compensation. Unless someone is going through all of the Form 4 filings with the SEC and determining the transactions are coded as private transactions from insiders, meaning they actually ponied up their own money for the shares (was it required they buy them for be on the board?), then general "buy" as form 4 filing is pretty much meaningless. Also, the turnover of shares relative to the number constantly held is important. Some insiders might have what look like large holdings, but when you see the shares come that are coming through from compensation that are being dumped in large volumes all the time it can make one wonder if the holdings are just window dressing, and insurance against regulatory actions ("I had so much wealth with the common share holders").


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