For me, this is a good sign. The fact is that the more they buy the more their personal interest are aligned with the company’s interest. The other thing is that these people mostly care about their personal profit and wealth and wouldn't be buying the company shares blindly. They probably know something that we don’t.
https://www.barrons.com/articles/chesapeake-energy-stock-insiders-are-buying-51545346277
Get your head out of the clouds, dougE fresh buying 200k shares is like the rest of us buying a latte!
Get your ice cold kool-aid HERE!!!
Aren't these the id--ts that have driven CHK to the brink of bankruptcy, who have lost staggering sums of money their hare brained schemes?
hmmm
Nice write up seeking alpha
https://www.google.com/amp/s/seekingalpha.com/amp/news/3419303-chesapeake-energy-plus-26-percent-insider-buying-spree
There was a very large bump in the stock yesterday. Up .44 cents. Sounds funny to say that but percentage wise gain quite large.
Insiders buying is a good sign that they expect the stock price to be higher in the future.