Insider trades and AAB futurThere could be many reason why an insider would sell their shares but only one reason why they would buy (old wall Street saying). The amount Bharti bought is huge and only one reason would an insider buy and it's because they believe the stock will go up. He's the best person in AAB to know where this boat is heading. For fundamental trader this is your sign!
Why would small investor sell when Bharti is accumulating a huge bag of AAB stock. Bharti move is a strong indicative of good things to come for AAB. Bharti, Miller and Stein holds total 41 Millions shares of AAB now, wich is huge! Now they just have to continu to grow AAB, have more revenu and then collect dividend like before but this time they have to sustain growth and cut a little more the management fee (which they already started cutting) or even sell AAB to a bigger merchant bank or investment group.