Insider trading?
$ATLN - ATLANTIC INTERNATIONAL CORP
Last week - (18/6) four executives at Atlantic International purchased over $16,000,000 worth of stock - in one day:
- The company's CEO purchased $8.8 million worth of stock. ๐ฐ
- The company's VP purchased $4.7 million worth of stock. ๐ฐ
- The company's General Secretary purchased $2.3 million worth of stock. ๐ฐ
- A company board member purchased $1.7 million worth of stock. ๐ฐ
A strange coincidence... ? ๐ค
That same week - 20/6 - just two days later -
Atlantic International acquired: Lyneer Staffing Solutions. ๐
Lyneer Staffing Solutions - is one of the 20 largest staffing companies in the US and provides personnel and industrial workers to many large companies.
Among its clients are: UPS, DHL, FedEx, Heinz, PepsiCo, Ikea and more.
And the executives' investment? More than doubled. ๐๐ฐ
*Attached above - documentation of the executives' purchases and the stock chart since their acquisition. ๐ธ
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