ABX stock purchases
#1
ABX stock purchases
#2
Gets Weekends Off
Joined APC: Mar 2006
Posts: 3,333
#4
#7
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?
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?
#8
On Reserve
Joined APC: Jan 2008
Posts: 11
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.
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.
#10
Gets Weekends Off
Joined APC: Mar 2006
Posts: 3,333
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