Business Domain
Top Buys by Top Brass: Chief Executive Officer Textor's $10M Bet on DDMG (forbes)
A company's own top management tend to have the best inside view into the
business, so when company officers make major buys, investors are wise to take
notice. Presumably the only reason an insider would take their hard-earned
cash and use it to buy stock of their company in the open market, is that they
expect to make money — maybe they find the stock very undervalued, or maybe
they see exciting progress within the company, or maybe both. So in this
series we look at the largest insider buys by the ''top brass'' over the
trailing six month period, one of which was a total of $10M invested across 2
purchases by John C. Textor, Chief Executive Officer at Digital Domain Media
Group Inc. (NYSE: DDMG).
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