Applied Optoelectronics Shares Slide 35.3% Below Lin's Purchase Price

There's an old saying on Wall Street about insider buying: there are many possible reasons to sell a stock, but only one reason to buy. Back on March 18, Applied Optoelectronics Inc's Director, Che-wei Lin, invested $398,282.93 into 31,370 shares of AAOI, for a cost per share of $12.70..