Monday, May 09, 2005

Insiders buy?

Mercury News reports:

Multimillion-dollar stock sales by officers and directors and Silicon Valley companies are, well, a dime a dozen.

Open-market stock purchases by insiders are much more rare, and are usually much smaller. But in recent weeks a handful of board members at area companies large and small have scooped up company shares, often after sizable drops in their company's stock.

Read the article here.

Donkey Notes:

1) Will a (even one) RMBS insider exhibit a willingness to invest in RMBS or will diversification rule the day?

2) How about a trust account for the grandchildren?

3) Perhaps the Honorable Abraham D. Sofaer will purchase a few shares?

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