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.
BSQR $0.49 (1)
2004-08-30 CROWLEY, BRIAN(Chief Executive Officer) 10,000 Purchase
$4,900
CPCI $3.59 (1)
2004-08-30 HANSEN, JAMES(Director) 7,000 Purchase $23,730
LSBC $1 (1)
2004-08-30 RYAN, KEVIN J.(Director) 10,000 Purchase $11,000
TxTrapper
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