Frost bought on Friday

First and foremost, trying to use these buys to gauge any development around the company is foolish as has been shown over and over again.

Using it as a proxy for the "floor" is potentially useful.  We have seen the folly with this as well while the PPS dropped from $10 to below $2 over 2016-2019.

Surely, if $4.70 was a good price to buy, $4.5 to $4.7 should be good to.  Unless, the buy post earnings as a preplanned trade set in motion around the 1st of the year.  

"Acquire 500K shares at the lowest basis after our Q4 earnings announcement".

My gut says, if we see a Form 4 filed tomorrow or Thursday, it is a similar pattern of Frost accumulating because he sees value.  If we do not see additional buying, perhaps it is a pre-planned trade.  It would be interesting if it was a pre-planned trade with no further buys.