ABX stock purchases
 

ABX top execs buying up stock - Business First of Columbus:

What's going on at ABX...?

Maybe DHL is staying with ABX after all?

Doubt it. The company parked all of the 9's as of last friday

That was going to happen no matter what DHL does. There just isn't enough freight with just the "core" international to justify all the 9's

Who knows but all those insiders wouldn't be buying up the stock for nothin' :confused:

options....use them or lose them.

Might be true but...most stock options are generally exercised because the option price is significantly lower than the actual stock price. I can't imagine the option price is lower than the market price since these guys have been buying up stock?

Not sure what is going on but I agree it looks at least a little promising that ATSG will not be seeking bankruptcy in the near future?

Insider purchasing at ATSG
 

[quote=theman;535873]ABX top execs buying up stock - Business First of Columbus:

What's going on at ABX...?[/quote

If you read the article it claims that 8 officers and management purchased a total of $85,000 dollars worth of stock in the open market since November. If you do the math then it would be an average purchase of $10,625 per officer. That does not seem like much of a vote of confidence by ATSG's leadership to me. Hopefully good things are going to happen at ABX and ATSG, I am just not convinced that this modest financial commitment by the company's officers means that much.

long term executive comp. plan.

Did you read the article? :confused:

"...The shares were cheap, but they were spending real money – presumably their own – not exercising options or other such instruments..."