- Beyond Air CEO Steven Lisi recently bought the dip in XAIR stock, increasing his stake by ~4%.
- I see no attempt in Mr. Lisi's actions to artificially pump the stock to sell his stake at a higher price - I explain why.
- I believe that the recent decline in XAIR's share price, which has caused the stock to lose nearly a third of its capitalization was a banal market overreaction.
- Given the growth catalysts and target prices of investment banks, I think following the CEO's transactions is a good idea in this case.
For further details see:
Beyond Air: Follow The CEO And Buy The Dip