Hubert Senters here.
With an insider trade example PolarityTE ticker symbol COOL, Cool like the fonts. They are a small biotech specializing in wound care, healing and reconstructive surgery. Basically, they’re trying to use the patient’s own tissue to make new skin muscle and nerves. But the real story is the insider buying.
After three years of nothing but selling as you can see here on the chart selling, selling, selling and selling. Employees at PolarityTE started buying. As you can see with the green reference to on the right hand side of the chart.
The CEO picked up $20,000 shares. That was followed by purchases from two directors, the CFO and the Chief Operations Officer had you piggybacked this trade when the CEO started buying you’d be sitting on a gain of $665 percent in just the last eight months.
Here’s an example and a reference of the insider buying followed by the price action up here in the $23, $24 and $25 and $26 area. The power of insider buying.
Hubert.
