Stocks Pop an Average of 11.52% the Day After Insider Purchases
Hi everyone, Konrad with Insider Trading Alerts today. I’m going to be looking at the alerts for March 11th. These are records, records of insider trades by corporate insiders, CEOs, directors, that were made on March 10th.
And this email here is what you’ll get in your exchange, along with all kinds of other data in your account, statistics, trade data, right? If you sign up for insider trade alerts. But focusing on this top stock, VRME, we see that an insider bought at a price of $66,000. And over the previous 10 trades, typically the day after the insider trades were signed, the price went up 11.52%. Look, we’ve never seen numbers this high.
You mean over these previous 10 trades, typically, there’s been an increase of 11.52%. So let’s see what happened on March 11th. And what a surprise, right? We opened here at 67 cents. I have this in 30-minute lamps, but here’s the 11th.
67 cents. And at the end of the day, we closed at 74 cents. That’s right around 11.52%. So it’s pretty amazing that it came out right in line with this historical data, even if that doesn’t guarantee any future results.
It’s fascinating to see what you can do with some of these things. So, if you want to trade like these previous trades, if you want this data, do it and follow us at insidertradingalerts.ai.