4 Penny Stocks To Buy According To Insiders This Quarter
If you’re looking for the best penny stocks to buy, chances are that you’re looking for potential catalysts. This might come in the form of news headlines, social sentiment, speculation, or a mix of different catalysts. One that has stood out for investors in the stock market today is insider trading.Click Here To Watch TTG Live On YouTube
I’m not talking about insider trading that gets people in trouble. This type is publicly reported in an SEC filing and shows specific details like purchase or sale dates, average purchase or sale prices, and how shares were bought or sold. While there are no guarantees insider buying means stocks will go up or selling means stocks will drop, it has been used to gauge sentiment.
There’s something to be said when insiders are buying up shares of their company stock. This article looks at a handful that management and large holders are accumulating this quarter. We look at who’s buying, their average prices, and any current or future potential catalysts that could be worth looking at. Then you can decide if “following the money” means adding any to your list of penny stocks to watch.