Top Buys by Top Brass: President - COO Cote's $346.3K Bet on MOV
Posted on June 15, 2012 at 10:10 AM EDT
A company's own top management tend to have the best inside view into the business, so when company officers make major buys, investors are wise to take notice. Presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money maybe they find the stock very undervalued, or maybe they see exciting progress within the company, or maybe both.
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