BOD stepping up to buy stock in Vitesse
Six new SEC Filing 4 were filed today (12/14/12 ).
The Vitesse elite have finally stepped up to purchase some of what they preach!
Chris Gardner 14,285 shares @ $1.75
Steve Hanson 5,714 shares @ $1.75
Guy LaRosa 14,285 shares @ $1.75
Ed Rogas 15,000 shares @ $1.75
Scot Jarvis 28,571 shares @ $1.75
CFO Martin Mcdermut 17,140 shares @ $1.75
12/12/12 Insider, William Martins choice for the BOD,
Paul Mcwilliams purchased 3,656 shares @ $1.79
and
William Martin himself purchased 3 million shares @ $1.75
Posted by christ3opher - 14 years ago
| Updated 14 years ago
Replies
4
The "big boys" eating their own cooking is a very good sign. Will this quarter be thee long-awaited bottom?
Posted by phobos - 14 years ago
That is amazing. Something VERY positive must be happening for CRG to make a token purchase to show faith in the company.
Posted by Techinvestor - 14 years ago
All I know is that the 14,285 shares that Gardner paid $1.75 per share for, are a hell of alot cheaper than what I paid for mine!
Posted by christ3opher - 14 years ago
| Updated 14 years ago
It's true. It's a token purchase. Management will vote itself free shares for the most part (no conflict of interest there, right?). Why should they make ANY open market purchase?
Posted by phobos - 14 years ago