it's called dollar cost averaging. it's a smart way to accumulate around a bottoming process in the market price: you buy more shares for the same amount when the price is low and less when the price is up. A t the end of the day your average price is at the most effective .
It is a sign of real confidence in the longer term prospects for the Comoany.
it shows that he is a sophisticated investor who has confidence in the company. and he is the chairman...
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