VOG 2005 New Thread

You don't half read some bollocks on here. For those who think the directors are selling tomorrow, note that they have just spent £750,000 on shares in their own company.

Do you think they got them on a T10?
Do you think they bought them to daytrade?
What do you think the market will think if they start selling tomorrow? They would have zero credibility, their company value will dwindle - would you stay in a company where the directors are blatantly milking it?
Don't forget, directors trades have to be reported so no 'under the table fast buck' deals here.

Here's a quote from a well-know, indeed notorious investor, Evil Knievel (it's not VOG he's talking about, but the sentiment applies)

"The directors are delighted to "express confidence" in the company but they also like buying cheap shares - they are funny that way."

That sums it up really.