Hubert Senters here.
With an insider trade example the company is Five Star Bank and the stock traded in the $20 to $25 range for most of its life. But in 2009 during the financial crisis the stock got incredibly cheap.
And when it fell below $5 insiders went on a buying spree. They knew their bank was sound. They didn’t have the risk. Big banks had. And they knew their stock was worth a hell of a lot more.
In a three week period. 17 insiders bought shares in just over a year Five Star Bank stock was back at $20 per share a gain of $455 percent. In this snapshot on the screen right now you can see it’s trading around $30. Those insiders are up as much as $700 and 21 percent. The power of insider buying.
Hubert.