KMPH $50 Million Share Repurchase Program

When most of the companies are diluting their shares and insiders are selling, KemPharm, Inc. (KMPH) does the opposite.

Insiders are buying and the Board of Directors authorizes a program to repurchase up to $50 million of the Company’s outstanding stock valid through December 31, 2023. It is equivalent to 18% of KemPharm’s current market capitalization.

Because of the short term puts i have 2 approaches for KMPH:
dump to 7.17 and then go to 11.45
or
bounce from the strong support which it has right now and go to $14.50

Looking forward to read your opinion about it.