Michael Dell

I usually watch insider trading with a somewhat detached interest but 2 recent huge trades have caught my attention:

--Michael Dell, founder and current CEO of Dell computer bought 4.5 MILLION shares at $22/share yesterday (about 100 MILLION dollars worth).

--An officer (from a well known investment co in the US as well) of the board of directors at Home Depot bought $30 million of common stock.

These aren't stock options, these are shares bought on the open market with their own pocket change just like you and I.

The significance of these trades remains to be seen; however, even to a billionaire these purchases show conviction from folks who know the business better than almost anyone else.

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