Why I Bought York Water Co.

| About: The York (YORW)

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

YORW Investment