Doesn't give me much confidence that he is buying based on superior knowledge to us based on his track record! He might be buying to try and stabilise the price. Certainly looks like his buying was what stopped any further fall so far...
Lots of work needed to not only get Oroton back on track but also to figure out these new subsidiaries. Some brokers are already calling for divestment if they don't get it figured out soon.
I am a previously holder but lost my confidence in the company with the departure of Sally and the loss of the Ralph Lauren contract. I think that losing PRL was destructive to the brand reputation of Oroton - just IMO of course. I have no qualms about re-entering this stock in the future, but alot of issues need to be resolved first and I don't think there is any significant opportunity cost (infact I think the contrary is true) in sitting out and waiting until evidence is provided that things are changing.
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