Perhaps this was the plan all along: drive the stock price down to nothing, then buy a pile of shares for pennies on the dollar? Or is this just a $3M dollar PR stunt to prove to investors that they shouldn't dump and run, but buy too?
https://finance.yahoo.com/news/ibm-ceo-ginni-rometty-buys-142705555.html
3 million... Whether it's an attempt to boost confidence in the stock and / or just simply an investment to earn more money.... Ginni didn't exactly go "All In" here. If she was that confident in the recovery, she could have bought a lot more surely?
While insiders sell for all kinds of reasons, they only buy for one reason: "to make money," Cramer says.
So what's the next part of the plan that we don't know but that only the Big Bleu insiders know which is triggering them to buy all these shares??
Cramer: Pay attention to recent insider buying at GE and IBM --
https://www.cnbc.com/2018/11/05/cramer-pay-attention-to-recent-insider-buying-at-ge-and-ibm.html