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6.1¢ cirrus networks holdings limited

Absolutely agree, in my opinion nothing more important than...

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fotto86

120 Posts.

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14/11/18

22:59

Post #: 36509159
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Originally posted by newieboy ↑

Originally posted by Capraise
Looks like the director buying shares caused the share price to tank once again. Told you the purchases mean nothing.
If you want the share price to move then cnw needs to make a profit and then consolidate that profit and then you will see the institutions jump in and smash the share price up.
Ever heard of correlation does not imply causation? Or, come to that, common sense? This is such a tedious 'argument' you are trying to advance. Literally nobody I know of in the world of investing thinks directors buying stock in a company is a bad thing. I've seen some laughable downramping in my time, but this takes the cake.

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Absolutely agree, in my opinion nothing more important than directors having skin in the game.

Last edited by fotto86: 14/11/18

CNW Price at posting: 1.7¢ Sentiment: Hold Disclosure: Not Held
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