To all new investors: this means nothing! Insiders have purchased the stock from time to time and that has never signaled anything at all. The stock has gone down for them just like everybody else. Don't be fooled by this SEC filing. This purchase is a con job to lure new investors to buy the stock. They are all criminals.
How was that, dis?
The following user(s) said Thank You: Wall Street Titan, Old Young Fox
lol...funny post and 100% truth also...buying 2500 shares is a joke...all those directors get thousands of free options and bonuses paid for achieving nothing (nada-zero-nul) ...
i remember Hendrik(our loved CEO) his answer when somebody (dov ?) asked why he wasn't buying any shares on the open market when shareprice was historic low...i think his answer was:i can't buy any shares i need the money because my kids go to college...
but hey...we better have all some laughs here with CYTX because facts are horrible so ironic humor is definitely at his place here..
dis, we are lock step in agreement about the incentive stock options. I do not like the criteria being used to grant bonuses either cash or options. I have been critical of the plan as have many others.