VG point....yes, but ONLY occasionally, and ONLY after a big drop in the stock's price, then, and only then, did I find Insider Buying of much value, and only sometimes...it's really only when a depressed stock has proper "PSYCLE sm" pattern, that, when and if it also has insider buying, that it matters to me, timing-wise.
of course, the biggest problem about all insider stuff, is that many times, executions for them occur at prices much higher/lower than the current market price, so, again, it has been real difficult to quantify insider trades, going back, say, 30 years or so...also, with options available, when available/allowed, many insiders can hedge their positions/actions anyway....e.g., I saw a TON of sellers, AFTER big drops, the last few years, in a ton of stocks which went a LOT higher...was shocking to discover, but true....
so, I guess, all things considered, as I intimated, I just refuse to let ANY insider "marks" on charts, sway me, if the chart does not set up a certain way for me, long and short....I often just don't even want it in my decision-making process....there are many better inputs to apply in my timing, which work simpler, and are of higher probability historically....it's just, that, often, nice people still want something which they "hope" will be a "simple, guaranteed input item" to somehow help time future stock price moves....my study told me, even years ago, that insider stuff is way less than 50 % effective, so why use it at all, unless a very special case....
just my 2 cents, but I at least did some multi-year research ....regardless, I do wish you well....wish I could be more positive about insiders, but, also, if you met enough of them in real life, you'd find they may be VG at "running a business", but are NO better at timing stocks than any other layman....honest.... for me, what works best, are all those things that most people do NOT try to use, dig ? hope this helps....take care, |
