3 explosive stocks insiders are buying during the 3 months of the June quarter
Put yourself in someone else’s shoes for one second.. you run a company day to day or are closely affiliated with the management. You then start buying large parcels of shares in this company over several weeks along with the other managers of the company. Why would you do that?
Of course markets involve a lot of uncertainty, are highly volatile and unpredictable at times. However, I am sure we would all agree if you put yourself in the corporate shoes of the person described above, you would likely be basing this decision off one conclusion- it is worth buying this company! Something is up, this firm has good prospects or is simply being undervalued by the market!
There could be a heap of reasons why you are selling- to fund kids school fees, reduce risk, buy a house, there is bad news coming and you want to cover yourself or you simply want to diversify your holdings. Yet, there can only be so many reasons why you would be putting significant amounts of money into a company which you know and understand very well. Make no mistake about it, you know the ins and outs of this company just as well as the corridors in your home, the draws in your desk or the garden beds in your backyard!
