Post by
Masterbuilder on Jul 15, 2019 5:30pm
Insider Buying Patterns
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.
Comment by
richyrich79 on Jul 15, 2019 7:06pm
Another insider bought today. It is suspicious that all 3 insiders bought 20,000 shares. This seems coordinated
Comment by
Boston132 on Jul 15, 2019 7:12pm
Suspicious, in what fashion?
Comment by
Mike411Ontario on Jul 15, 2019 8:34pm
Randy Maslow 20k shares at $2.80. Beth & the CFO also 20k shares Also, the CEO of Acreage bought $2m share of Acrerage of course. I also read another Miami dispensary will open soon on Biscayne Blvd. On twitter.
Comment by
Boston132 on Jul 15, 2019 8:25pm
Masterbuilder, do you happen to know what the short position is on IAN?