RE:Insider Buying PatternsAnother insider bought today. It is suspicious that all 3 insiders bought 20,000 shares. This seems coordinated
Masterbuilder wrote: I would caution you not to read too much into a couple of isolated buys. What you want to watch for is a trend of buying by a broader group of insiders. I would also be checking the volume of shares sold short on IAN which is a great counter indicator. If you detect short covering immediately after insider buying, then you have confirmation from multipe sources. Much better idea!
Don't get too excited just yet.