Insider Trends in the Financial Sector [View article]
In my experience insider buying is a treacherous indicator that needs a lot of verification and deeper digging. Look at TMA. Chairman and CEO bought millions of shares at $20 just before it tanked to now $ 1.50, etc. etc. - Funny - Rahmatulla quotes the biggest banks with the least visibility/disclosures... I am with Wilbur Ross who publicly stated he is looking for small banks with a strong and growing cheap depositor base.
Insider Trends in the Financial Sector [View article]