Personally I don't really agreed with the comment. First, the insider is selling their share based on the guideline. Second, as a successful person must also be successful in personal financial plan. Thus, selling at good price for more income is normal. Furthermore, the CEO is also an investor! So, the person who do the analysis/study has the tendency of always hoping people to help while they are not in good term (my personal analysis). The company decided to buy back at high price is showing they have confident with their performance.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments