If insiders are buying stock, shouldn´t you be buying?
If insiders are buying shares in their own companies, they usually
know something that normal investors do not. They buy because they
see a merger, acquisition or great earnings ahead or simply because
they think their stock is undervalued.
Peter Lynch, the former manager of the Magellan Fund, has noted that
insiders might sell their shares for any number of reasons, but they
buy them for only one: they think the price will rise. That is why I
really believe that following the insiders path can lead you to
enormous profits in the stock market.
CHRZ $3.86 (1)
2004-08-09 OBUCHOWSKI, EDWARD J.(Director) 5,000 Purchase $20,000
EAG $0.76 (3)
2004-08-09 WEISMAN, DAVID ALLEN(Chief Executive Officer) 25,542
Purchase $22,221
2004-08-09 CUBLEY, H. DEAN(Chief Technical Officer) 13,161 Purchase
$11,450
2004-08-09 SHAPIRO, RANDALL S.(Vice President) 10,681 Purchase
$9,292
HAUP $3.02 (1)
2004-08-09 PLOTKIN, KENNETH(Chief Executive Officer) 3,300 Purchase
$5,197
ONVI $5 (1)
2004-08-09 BALLOWE, JEFFREY C.(Director) 2,000 Purchase $10,470
PMTC $4.25 (1)
2004-08-09 MOSES, CORNELIUS F.III(Chief Financial Officer) 5,000
Purchase $20,700
SFE $1.8 (1)
2004-08-09 CRAIG, ANTHONY L.(Chief Executive Officer) 15,000
Purchase $28,000
XYBR $1.19 (1)
2004-08-09 NEWMAN, STEVEN A.(President) 1,000 Purchase $1,210
TxTrapper
"I can't change the direction of the wind, but I can adjust my sails
to always reach my destination."
