Good point, royalton! I agree it's plausible and very likely! Although they are technically not the kind of insiders that should have info we don't, we've seen in the past they are always ahead of the curve when it comes to POET.
In 2011, they sold without regard for share price until OPL hit 5 year lows. They seemed to know before any of us that the solar business was near bust. I don't believe for a second that he was merely reading the solar sector as a whole. He clearly knew the truth of why OPEL was seeking loan after loan while the truth about the SBIR cuts and the $40k solar quarter was glossed over until it was too late for us retailers to react.
After we hit 19 cents and began to recover I swore I would use Shelly's activities as a barometer in the future. You can imagine how I'm feeling now that he is on the buy:)
And as PIM says, he doesn't care that he's buying the highest priced shares in 3 years. And this is on top of his MASSIVE holdings. I'm like many others here in that I'm happy to sit at these levels until we get the kind of news that is really going to move this stock. And this could happen any time!