1. Concerning your remarks about "poor progress," it's worth noting that back in January, you yourself acknowledged that "limited progress" would have been an apt assessment if the company hadn't increased production by March. Fast forward to mid-April, and we're well past that benchmark.
2. While today's purchase by a director might seem significant, it's essential to put it into perspective. Just six months ago, another director, Andrea Betti, made a similar on-market purchase. Coincidentally, that was also the last time a director's interest changed. Andrea's purchase amounted to just under $25k, comparable to today's $23.5k transaction by Pietri. While we can't definitively label this as "window dressing", there are notable parallels in both the amounts and timing, particularly preceding the release of quarterly results. It's up to interpretation, but it's worth noting that Andrea's purchase last October didn't yield notable returns, casting doubt on the significance of today's transaction.
AGY Price at posting:
14.0¢ Sentiment: None Disclosure: Not Held
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