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.
We’re going to be having a special webinars on ‘’How to Potentially Reap Huge Profits Following Insiders.” You’re probably already registered for it but if you’re not go ahead and scroll down. Put in your first name, your last name and your e-mail address and hit register and that will register you for the webinar.
Good luck. Hope it helps. And I’ll see you on the next video.
Hubert.