Tullow Oil Insiders US$212k Short Of Breakeven On Stock Purchase [Yahoo! Finance]
TULLOW OIL PLC UNSP/ADR (TUWOY)
NASDAQ:AMEX Investor Relations:
tullowoil.com/investors
Company Research
Source: Yahoo! Finance
However, total losses seen by insiders are still US$212k since the time of purchase. While we would never suggest that investors should base their decisions solely on what the directors of a company have been doing, logic dictates you should pay some attention to whether insiders are buying or selling shares. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. In the last twelve months, the biggest single purchase by an insider was when Independent Non-Executive Chair of the Board Roald Goethe bought UK£238k worth of shares at a price of UK£0.12 per share. That means that an insider was happy to buy shares at above the current price of UK£0.073. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. To us, it's very important to consider the price insiders pay for shares. Generally speaking, it catches our eye when an insider has purch
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