NEW YORK (TheStreet) -- Academic studies have shown that insider trading is most profitable when several insiders buy around the same time. A study by University of Illinois professor Josef Lakonishok and his student Inmoo Lee showed that insider purchases generate more than 7 % per year in excess returns above index funds. Insider Monkey compiled the list of companies with at least three insiders buying with the latest purchase made in November.
6 Stocks Bullish Insiders Are Buying Like Crazy
twocents@thestreet.com (Insider Monkey), The Street
Thu, 11/11/2010 - 11:07am
BING NEWS:
- Warren Buffett Boosts This Stake Again, Plus Notable CEO Insider Buying
Warren Buffett started off May by boosting his stake in this tracking stock again, plus other notable insider buying in the past week.
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The U.S. stock market has put in some decent counter-rallies in the April sell-off, but insiders aren’t buying it — literally and figuratively. That isn’t a positive sign for anyone who is bullish on ...
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