RE:RE:RE:SCRN In the month of March John McMullen the CEO purchased a total of 653000 shares and that should send a clear message to all investors about the confidence in SCRN future business model . He had 14.06 million shares already before the purchase and when CEO is buying shares in the company he is running is an excellent sign .
KEY TAKEAWAYS
- When company insiders start buying shares of the company, it may be a signal for outside investors to follow suit, but looking at which insiders are acting matters.
- One of the greatest investors of all time, Peter Lynch, was noted as saying that "insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
- Information of insider activity can be found for free on several financial websites.