Bullish or bearish?As we try to figure out whether we'll regain stable footing in the overall markets in the near future, one indicator is promising. I religiously check the TMX Money insider action site. Take a look at it from today, which is indicative of the week:
https://www.tmxmoney.com/HttpController?GetPage=InsiderTradeMarker&Market=T&Language=en
https://www.tmxmoney.com/HttpController?GetPage=InsiderTradeMarker&Market=V&Language=en
The buying outweighs the selling by quite a margin. Clearly it's a stock picker's market, and some insiders are seeing bargains that they cannot resist.
So while I continue to hold CUU, and will until the end, I'm also looking to pick up cheap shares of other solid stocks here and there. Some are for flipping, some are longer-term holds. Although the risk is elevated now, it's not all gloom and doom.
GLTA