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Old March 13th, 2009, 06:51 PM posted to rec.travel.cruises
Chrissy Cruiser[_2_]
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Default Royal Cariibbean stock... insider purchases

On Thu, 12 Mar 2009 11:28:59 -0500, George Leppla wrote:

RCL stock has been on a roller-coaster and until recently, most of the
progress has been down. On March 3, it hit $5.63 cents a share at one
point.

In late February, Bariera Chico (one of the officers of RCL) bought 14,500
shares at $6.44 and another 10,000 shares at $6

I like it when insiders buy shares in their own company. It shows that they
have some faith in the future and they aren't afraid to put their money
where their mouth is.


Perhaps. It is also a prerequisite of showing faith, not like they have
a great deal of choice in the matter. Your view is a naive one.

Stockholder: "Why haven't you bought more of RCI stock, Mr. Executive of
RCI"
EXEC: "Uh, I forgot?
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