"In 1939, with Hitler’s Germany ravaging Europe, John Templeton bought $100 of every stock trading below $1 on the New York and American stock exchanges. Templeton’s trade got him a junk pile of some 104 companies, 34 of which were bankrupt, for a total investment of roughly $10,400. Four years later he sold these stocks for more than $40,000!"
If you ran that screen today it returns about 300 stocks from a list of 2500.
If you then sort the stocks by number of insider buys it returns the following symbols:
Adcare Health (NYSEMKT:ADK)
Cano Petroleum (NYSEMKT:CFW)
Dreams Inc (NYSEMKT:DRJ)
Endeavour Intl (NYSE:END)
Entercom Communications (NYSE:ETM)
Frederick's of Hollywood (NYSEMKT:FOH)
Global Logistics (NYSEMKT:GLA)
General Moly (NYSEMKT:GMO)
Gray Television (NYSE:GTN)
HOOPER HOLMES (NYSEMKT:HH)
Interstate Hotels & Resorts (IHR)
NTN Buzztime (NYSEMKT:NTN)
OMNOVA Solutions, (NYSE:OMN)
Opko Health (NYSE:OPK)
Castle Brands (NYSEMKT:ROX)
Roberts Realty Investors (NYSEMKT:RPI)
Some truly nauseating charts in there! Strong caution - a lot of these funds are teeny microcaps with little volume. . .values ranging from $150 million to $5 million.