Dinar Posted August 28 Posted August 28 Park Ohio (PKOH) - insider bought $1mm worth of stock. Weyerhauser (WY) - insider bought $1mm worth of stock. Does anyone have any view on any of these?
Saluki Posted August 28 Posted August 28 Sometimes those are a good clue, especially if other insiders are buying too. Sometimes people are just optimists about their own company, so you can use it as a filter, but still have to go through your regular process of investigating a good investment. There are a lot of false positives by optimistic insiders if you use that datapoint. For instance, Nerdy (NRDY) had an insider buy $13mm of stock recently and Anterix (ATEX) had an insider buy $4mm of stock. No positive news was forthcoming and the stocks went down a lot or nowhere, respectively.
Spekulatius Posted August 28 Posted August 28 Some insiders are great indicators but then there is Dustin ($ASAN)
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