$1,000,000 Worth Of Insider Buys Last Week
By Value in Stock Market:Why do insiders purchase shares of their companies? As Peter Lynch pointed out in his book, "One Up On Wall Street," insiders sell for various reasons, which is usually not very informative unless they are dumping shares like there is no tomorrow. Insiders buy for one reason: They are signaling that they have confidence in the company's future performance. Insiders, especially executives and directors of companies, tend to know their company very well. Tracking their stock purchase activities is a very good point to start at for lucrative returns.This article analyzes insider purchase activities where they bought at least $1,000,000 worth of shares during the past week, filed at the Securities and Exchange Commission. I have written a short analysis of each company. However, these are not buying and selling recommendations. Of course, insiders could be wrong. It is nevertheless a good starting point to add those stocks toComplete Story »
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