GREY:VFGGF - Post by User
Post by
rhodiumdon Oct 05, 2013 3:52pm
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Post# 21793974
Not your regular insider buying
Not your regular insider buyingA particularly strong insider buying signal is what we call a “cluster-buy” where three or more different insiders make open market purchases within a short period of one another. Presumably the only reason an insider would take their hard-earned cash and use it to buy stock of their company in the open market, is that they expect to make money. So when multiple insiders all decide to make purchases around the same time, it could be a strong indication that the stock is undervalued. Source: Forbes