When it comes to insider buying, the author of today’s article notes that “Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason — they believe the stock price will rise and they want to profit from it. So insider buying can be an encouraging signal for potential investors, particularly when there is uncertainty in the markets or the markets at near all-time highs.” With that, he proceeds to detail some noteworthy insider purchases reported in the past week – including of some biotech IPOs. For more, CLICK HERE.
These Recent Insider Purchases Could Be Strong Signals To Potential Investors
- by davidgoldstein
- February 15, 2021April 17, 2021