Insider Trends in the Financial Sector [View article]
I don't know who this Rahemtulla guy, but I don't know what he is talking about. I went through each of the banks he listed and I certanly wouldn't say "they’re buying like there is no tomorrow". There has been a few token purchases, but nothing of significance. There has been some stock gifted to officers, which are called Acquisitions or Awards, but they're not purchasing shares. Big difference! In fact, I've been watching very closely for exactly what this guys claims and it hasn't happened. Look for yourself at any of the insiders website and at the companies listed or any financial stocks for that matter, there has been no major buys. And why wouldn't they be buying if they are so underpriced? I don't normally respond to things like this, but I figured this guy Rahemtulla, must have an agenda, because his assertions "they’re buying like there is no tomorrow" is just plain wrong.
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Insider Trends in the Financial Sector [View article]
Look for yourself at any of the insiders website and at the companies listed or any financial stocks for that matter, there has been no major buys. And why wouldn't they be buying if they are so underpriced?
I don't normally respond to things like this, but I figured this guy Rahemtulla, must have an agenda, because his assertions "they’re buying like there is no tomorrow" is just plain wrong.