Insider Purchases Is this the case here? Maybe not with this dumpster fire of a comany but a man can dream !!
It’s often said that a company’s prospects can be predicted by stock purchases made by company insiders. Insiders may sell stock for any number of reasons, but purchases are only made because the insider expects to make a profit on shares down the road.
Studies have shown that when the company insider is high up in the organization, such as the CEO or chief financial officer, a purchase of company stock is even more significant for future price performance than when a purchase is made by a director or lower-level executive.
Investors often perk their ears when hearing about high-level executives making large acquisitions of company stock.