ADSI Saves Lives
(EAG) American Defense Systems.... Insider Buy: 10,000 Shares... Sep. 10th.
That's all I gotta say on that. Well.. Besides also saying that the stock price is below 50 cents a share.. This is ludicrous. Insiders have bought into this stock as high as $1.05 a share.
12 months from now?
Well.. Stay Tuned.... Typically insiders buy ahead of good news..sell ahead of poor... But, that formula frequently doesn't work....So....*Shrug* I have nothing to say.
I will say.. that as a holder of 7571 shares of (EAG)... And seeing this insider buy 1 week after previous press release showing that the big Marine Contract $30 million money is coming in much earlier than expected.... That's all good news to me... A confidence booster.
I think I just went from "Looking to sell off my entire stake of EAG at the end of this month"
to "I'll stick it out to next year to see what happens."
ADSI saves lives.... Maybe it will save itself from their existing debt obligations afterall.