Q: Greetings,
From what I can gather (simplywallstreet) the last noted insider purchase was in June of last year at $160.
The price today is about $128 and the 52 week low was $117 and no sign, as of yet of recent insider buys.
1) Previously happy to pay $160 but no longer happy to pay $128? Can anything be made of this and what is your rational for continued optimism?
2) What would be your recommended entry price?
3) If I had 100 units of cash then how would you ratio the purchase of PRL?
All the best,
A
From what I can gather (simplywallstreet) the last noted insider purchase was in June of last year at $160.
The price today is about $128 and the 52 week low was $117 and no sign, as of yet of recent insider buys.
1) Previously happy to pay $160 but no longer happy to pay $128? Can anything be made of this and what is your rational for continued optimism?
2) What would be your recommended entry price?
3) If I had 100 units of cash then how would you ratio the purchase of PRL?
All the best,
A
5i Research Answer:
Certainly we would like to see more insider committment. But insiders do own $100M worth of...