To me the elephant in the room is that management are not...

To me the elephant in the room is that management are not acquiring shares at these "rock bottom" prices. We all speculate about who know what, who is clever, who is foolish etc but one thing I can tell you for sure is that there is a group of people who know exactly what is happening and have a very good idea of how things are likely to pan out over the next 12 months - and they are not buying. Can anyone tell me the last time a senior manager increased their stockholding