York Water was analyzed in this blog on December 25
. This morning I bought the stock at 17.90 on a limit order. After writing the previous article, I learned that company insiders have been buying
an astonishing amount of stock all year, including large purchases in December at 17.90.
I assume that no one knows what this stock is worth quite as well as the directors of the company. The buying by company insiders has alleviated my concerns and I am following their lead. Insiders may sell stock for many reasons, but they only buy it when they think the share price is going to rise in the future.
YORW 1-yr. chart
Does this stock really matter to you?
Consider PRO Alerts on YORW
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