Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to make a purchase, is that they expect to make money.
Today we look at one noteworthy recent insider buy.
Bargain hunters are wise to pay careful attention to insider buying, because although there are many various reasons for an insider to sell a stock, presumably the only reason they would use their hard-earned cash to make a purchase, is that they expect to make money.
Today we look at one noteworthy recent insider buy.
On Friday, Kubient's Chief Executive Officer, Peter A.
Bordes Jr., made a $51,032 purchase of KBNT, buying 19,742 shares at a cost of $2.58 each.
So far Bordes Jr. is in the green, up about 10.3% on their buy based on today's trading high of $2.85.
Kubient is trading up about 2.6% on the day Monday.
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to..
As the saying goes, there are many possible reasons for an insider to sell a stock, but only one reason to buy -- they expect to..
