RKS, I already hold and am not planning on selling at this stage. All I was saying is that, if past performance is anything to go buy, the director seems to only buy shares when a positive announcement is imminent. It is a good sign for all of us who hold for two reasons.
Firstly, the market should see the director buy as a sign of confidence and may speculate (as I have) that there is a positive announcement around the corner. This should hopefully push the sp higher today.
Secondly, there probably is a positive announcement coming soon; which will hopefully push the sp higher again.
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cycles suggest a bottom in place, page-21
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