Financials: Insiders Buying on Consistent Basis [View article]
Insider buying is not meaningful UNLESS the insider risks a meaningful proportion of their net worth.
For example, if an insider earns a salary of some 3 mio a year every year and has a net worth of, lets say, 25 mio, and he buys stocks for 1.5 mio, what does this really mean to you as an investor-speculator?
@VIC: Bill Ackman on Wachovia [View article]
What happened to your former C and WB positions?!
Did you play with their values, or did they play with you?!
Financials: Insiders Buying on Consistent Basis [View article]
For example, if an insider earns a salary of some 3 mio a year every year and has a net worth of, lets say, 25 mio, and he buys stocks for 1.5 mio, what does this really mean to you as an investor-speculator?