RE: Why doesn’t the market agree with the CFO31 Mar 2025 20:30
Significant insider buying is always a positive sign, this is not even a question. Insiders might sell their shares for various reasons, but they buy them for only one: they believe the price will go up. I don’t doubt that they believe in their company.
But it is not a justification for investing. CFOs and CEOs can be wrong about their own stock.
Stock prices aren’t just about company fundamentals, they also reflect market sentiment, macro, investor behavior, liquidity, and timing.
I don’t focus too much on when he buys to dca since he can’t time it freely or privately, but I think he got this last one very right. It’s a surprise nobody followed though.
I was actually buying since Friday on that weekly close. The daily is rubbish but the weekly has a chance to reverse this week, and you can not ignore a high double % move from here wherever it ends. I don’t expect anything material now, but hopefully, they’ll bring in some liquidity from the great city of London.