Smooth operator this Erb.
Should work for the Fed.
I get the feeling it is a very carefully calculated message for the average punters that don't have the information available to some players.
It's a meaningful amount, for a person on 400K a year assuming he pays taxes , 16,000 shares is about 2 to 3 wks take home pay ( not counting directors fees ) . (My guess)
It's a don't go wild but in his opinion the continuing strength of the share price is justified.
I'd feel better if he'd brought a 100K.
But the share price was a very good indication downwards, the current up trend seems very strong, taking it as a good indication upwards you would have to think we are heading over the $5 towards $10 in the medium term.
Crazy stock.
Here's hope. Been wrong befor
SHC Price at posting:
2.5¢ Sentiment: Buy Disclosure: Held